What is an Afuri Ramen Dumpling franchisee required to use for merchant processing?

According to the 2024 Afuri Ramen Dumpling Franchise Disclosure Document, franchisees must use an approved supplier for merchant processing to accept credit and debit card payments from customers. This means franchisees cannot choose any merchant processing service but must select one that Afuri Ramen Dumpling has already vetted and approved.

This requirement ensures that all Afuri Ramen Dumpling locations use compatible and secure systems for handling customer payments. It allows Afuri Ramen Dumpling to maintain consistency and potentially negotiate better rates or terms with a smaller number of approved vendors.

For a prospective franchisee, this means they will have limited choice in selecting a merchant processing service. While this might simplify the decision-making process, it also means they may not be able to negotiate rates or use a preferred vendor with whom they already have a relationship. It is important for potential franchisees to understand which suppliers are approved and what the terms and fees associated with those suppliers are.

It is also important to note that Afuri Ramen Dumpling may require franchisees to record and transmit all financial information using their designated systems and ISP or other communication vendors. They also have full ability to poll franchisee data, computer systems and related information by means of direct access whether in person or by electronic means. Franchisees must cooperate by providing all information necessary for Afuri Ramen Dumpling to have such access, including by providing any identification information and passwords as needed.