Are Atwell Suites franchisees allowed to use the Merchant Account for transactions prohibited by the Unlawful Internet Gambling Enforcement Act?
Atwell_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
As part of your obligation to comply with Applicable Law, you agree not to use the Merchant Account and/or the Services for illegal transactions, for example, those prohibited by the Unlawful Internet Gambling Enforcement Act, 31 U.S.C.
Section 5361 et. seq., as may be amended from time to time or for processing and accepting transactions in certain jurisdictions pursuant to 31 CFR Part 500 et. seq. and other laws enforced by OFAC.
Source: Item 23 — Receipts (FDD pages 99–486)
What This Means (2025 FDD)
According to Atwell Suites' 2025 Franchise Disclosure Document, franchisees are explicitly prohibited from using their Merchant Account for transactions that violate the Unlawful Internet Gambling Enforcement Act (UIGEA). The FDD emphasizes compliance with all applicable laws, including the UIGEA, which aims to prevent illegal online gambling.
This restriction means that Atwell Suites franchisees must ensure that all transactions processed through their merchant accounts are legal and compliant with both federal and state regulations. Failure to comply with these laws could result in penalties, legal repercussions, and potential termination of the franchise agreement.
Atwell Suites requires franchisees to cooperate and provide any information requested to facilitate compliance with applicable laws, including those enforced by OFAC (Office of Foreign Assets Control) and the USA PATRIOT Act. This highlights the importance of due diligence and adherence to legal standards in operating an Atwell Suites franchise.