factual
When are the banking fees for credit card processing due for Anago franchisees?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee1 | Amount | Due Date2 | Remarks |
|---|---|---|---|
| Banking Fees | Credit card charges of 4.75% per transaction unless our cost to provide you this service is greater, in which case you will be required to pay the higher cost. | Monthly | If you choose to utilize our credit card processing services, you will pay us the per transaction fee. This fee may exceed the amount actually charged to us by the banking institution, which may vary as determined solely by such banking institution. |
Source: Item 6 — OTHER FEES (FDD pages 12–19)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, banking fees for credit card processing are due monthly. If an Anago franchisee chooses to utilize Anago's credit card processing services, they will pay a per-transaction fee.
The standard fee is 4.75% per transaction. However, the franchisee may be required to pay a higher cost if Anago's cost to provide the service is greater than 4.75%.
It is important to note that this fee may exceed the amount actually charged to Anago by the banking institution and may vary as determined solely by such banking institution.
Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only.
It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.