7549
Towing Services
MCC 7549 represents businesses offering towing services for vehicles and related roadside assistance.
Interchange Fee
Interchange fees for MCC 7549 generally range from 1.2% to 3.0%, depending on the card type and payment processor policies.
Cashback Rewards
Cashback rewards for towing service purchases may vary between 0.5% and 1.5%, subject to the specific credit card rewards program.
Rules and Restrictions
There are no specific rules or restrictions for processing transactions under MCC 7549 beyond general payment processor guidelines.
Tax Reporting
Tax obligations for purchases under MCC 7549 depend on local and federal tax laws. Buyers should consult IRS guidelines for potential tax liabilities related to towing services.