When is the Payment Gateway Fee due for a Batteries Plus Bulbs franchise?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount (See Note 1) | Due Date | Remarks |
|---|---|---|---|
| Payment Gateway Fee | Varies, currently $22 per month | Payable monthly | May increase if our third party costs increase; any portion of the fee attributable to our overhead or administrative costs will not exceed 10% of the total fee |
Source: Item 6 — Other Fees (FDD pages 18–24)
What This Means (2025 FDD)
According to the 2025 Batteries Plus Bulbs Franchise Disclosure Document, the Payment Gateway Fee is due monthly. The fee is currently $22 per month, but the amount may increase if Batteries Plus Bulbs' third-party costs increase. However, the portion of the fee attributable to Batteries Plus Bulbs' overhead or administrative costs will not exceed 10% of the total fee.
Payment Gateway Fees are common in franchise systems that rely on electronic payment processing. These fees cover the costs associated with providing secure and reliable payment processing services. Franchisees should budget for this monthly expense and be aware that it could potentially increase over time, although increases related to Batteries Plus Bulbs' overhead are capped.
Prospective Batteries Plus Bulbs franchisees should inquire about the specific services covered by the Payment Gateway Fee and the historical frequency and magnitude of any increases to the fee. Understanding the factors that could cause the fee to rise will help franchisees better manage their expenses and plan for the future.