MCC 7299 includes various personal services not categorized elsewhere, encompassing a range of specialized individual services.
Interchange Fee
Transactions under MCC 7299 typically attract interchange fees ranging from 1.4% to 3%, dependent on card type, network, and merchant agreements with payment processors.
Cashback Rewards
Cashback rewards on transactions with MCC 7299 may vary. Depending on card programs and promotional offers, rewards could range from standard cashback rates to additional bonuses.
Rules and Restrictions
There are no specific rules or restrictions imposed by payment processors exclusive to MCC 7299 beyond standard compliance and industry regulations.
Tax Reporting
Transactions under MCC 7299 may be subject to IRS tax reporting requirements depending on the nature of the service and individual tax laws that apply.