Who is responsible for the funding and settlement of American Express transactions for Atwell Suites franchisees?
Atwell_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
- (f) American Express. American Express transactions are funded by American Express. American Express will provide you with its own agreement that governs those transactions. We are not responsible for and assume no liability with regard to the funding and settlement of American Express transactions. American Express will charge additional fees for the services it provides.
Source: Item 23 — Receipts (FDD pages 99–486)
What This Means (2025 FDD)
According to Atwell Suites's 2025 Franchise Disclosure Document, American Express is responsible for funding American Express transactions. Atwell Suites franchisees will have a direct agreement with American Express governing these transactions. Atwell Suites explicitly states that it is not responsible for, and assumes no liability regarding, the funding and settlement of American Express transactions.
This arrangement is typical in the franchise industry, where franchisors often outsource payment processing for specific card types to the card companies themselves. This allows the franchisor to avoid liability.
As an Atwell Suites franchisee, you will need to establish a direct agreement with American Express to handle these transactions. American Express will also charge additional fees for its services, which the franchisee will be responsible for paying. It is important to carefully review the terms and conditions of the American Express agreement to understand all associated costs and responsibilities.