factual

What does the Administrative Credit Card Fee for Belocal cover?

Belocal Franchise · 2025 FDD

Answer from 2025 FDD Document

Type of Fee(1) Amount Due Date Remarks
revenues). We or our affiliate will collect
any such payments, and we have the right
to charge a fee to cover the credit card
transaction fees associated with such
payments as well as a reasonable fee for
our or our affiliate's involvement with the
administration of this payment channel
("Administrative Credit Card Fee").
The current Administrative Credit Card
Fee is equal to 3% of any amount paid by a
third-party using our designated credit card
processing platform to pay fees or other
amounts owed in connection with the
Publication or relating to the Franchised
Business, but we may change the amount
of the Administrative Credit Card Fee upon
90 days' notice to you.
Currently, we only charge the
Administrative Credit Card Fee in
connection with event revenues (amounts
paid by event sponsors or others connected
with local events you have organized); but,
we reserve the right, upon 90 days' notice
to you, to charge an Administrative Credit
Card Fee in connection with any other
third-party payments of fees or other
amounts owed in connection with the
Publication or relating to the Franchised
Business made using our designated credit
card processing platform.
We may increase the amount of the
Administrative Credit Card Fee from time
to time, including due to increases in
vendor pricing, up to a maximum of 5% of
the total amount paid by any third-party via
credit card.
We may make mandatory a third-party's
use of our designated credit card
processing platform for payment of any
fees or other amounts owed in connection
with the Publication or relating to the
Franchised Business.

Source: Item 6 — OTHER FEES (FDD pages 14–31)

What This Means (2025 FDD)

According to Belocal's 2025 Franchise Disclosure Document, the Administrative Credit Card Fee is designed to cover the credit card transaction fees and Belocal's or its affiliate's administrative involvement when third parties use the designated credit card processing platform to make payments. This applies to fees or other amounts owed in connection with the Publication or relating to the Franchised Business.

Currently, Belocal only charges this fee, which is 3% of the amount paid via credit card, in connection with event revenues from event sponsors or others involved in local events organized by the franchisee. However, Belocal retains the right to extend this fee to any other third-party payments made via the designated credit card processing platform, provided they give franchisees 90 days' notice.

Belocal also has the right to increase the Administrative Credit Card Fee, including in response to increases in vendor pricing, up to a maximum of 5% of the total amount paid by a third party via credit card. Furthermore, Belocal can mandate the use of its designated credit card processing platform for any fees or amounts related to the Publication or the Franchised Business.

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.