5997
Electric Razor Stores – Sales and Service
MCC 5997 includes establishments focused on the sale and servicing of electric razors and related grooming products.
Interchange Fee
Typical interchange fees for MCC 5997 transactions range from 1.2% to 2.9%, depending on the card type and transaction processing network used.
Cashback Rewards
Cashback rewards for purchases in this category generally range from 1% to 2%, but this can vary with card issuer policies and specific promotions.
Rules and Restrictions
There are no special rules or restrictions imposed by payment processors for transactions under MCC 5997.
Tax Reporting
IRS tax policies generally apply standard sales taxes to purchases within this MCC. There are no additional buyer-specific tax obligations.