What is the definition of 'Services' in the Stripe Services Agreement for Bonchon?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
"Service" means a service Stripe (or its Affiliate, as applicable) makes available to you under this Agreement.
"Services Terms" means terms in this Agreement that apply to particular Stripe services (e.g., Stripe Payments Terms).
Source: Item 23 — RECEIPTS (FDD pages 92–536)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, the Stripe Services Agreement defines "Service" as a service that Stripe (or its Affiliate, if applicable) makes available to the user under the agreement. This definition is important for Bonchon franchisees because it clarifies the scope of what Stripe is providing.
Bonchon franchisees should understand that the term "Services" in the Stripe Services Agreement encompasses various offerings from Stripe, and the specifics of these services are further detailed in the "Services Terms." These terms govern the rights and obligations related to the particular Stripe services being used.
For a Bonchon franchisee, this means that the exact features and functionalities they receive from Stripe will depend on the specific services they are utilizing, such as payment processing or other related tools. It is important to review the applicable "Services Terms" to fully understand the scope and limitations of the services provided by Stripe under the agreement.