Is a Bonchon franchisee allowed to provide access to Stripe Technology to any individual or entity ordinarily resident in a High-Risk Jurisdiction?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
You must not use or otherwise export, re-export or transfer the Stripe Technology except as authorized by United States law and the laws of the jurisdiction(s) in which the Stripe Technology was distributed and obtained, including by providing access to Stripe Technology (a) to any individual or entity ordinarily resident in a High-Risk Jurisdiction; or (b) to any High-Risk Person. By using the Stripe Technology, you represent as of the Effective Date and warrant during the Term that you are not (x) located in or organized under the laws of any High-Risk Jurisdiction; (y) a High-Risk Person; or (z) owned 50% or more, or controlled, by individuals and entities (i) located in or, as applicable, organized under the laws of any High-Risk Jurisdiction; or (ii) any of whom or which is a High-Risk Person. You must not use the Stripe Technology for any purposes prohibited by Law, including the development, design, manufacture or production of missiles, nuclear, chemical or biological weapons.
"High-Risk Jurisdiction" means any jurisdiction or administrative region that Stripe has deemed to be of particularly high risk, as identified on the Stripe Restricted Business List.
"High-Risk Person" means any individual or entity that Stripe has deemed to be of particularly high risk, as identified on the Stripe Restricted Business List.
Source: Item 23 — RECEIPTS (FDD pages 92–536)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, franchisees are explicitly prohibited from providing access to Stripe Technology to individuals or entities residing in High-Risk Jurisdictions. The FDD defines a "High-Risk Jurisdiction" as any jurisdiction or administrative region that Stripe has deemed to be of particularly high risk, as identified on the Stripe Restricted Business List.
This restriction is part of Bonchon's broader export control policy related to the Stripe Technology. Franchisees must adhere to United States law and the laws of the jurisdictions where the Stripe Technology was distributed and obtained. This includes not providing access to the technology to any High-Risk Person, which is defined as any individual or entity that Stripe has deemed to be of particularly high risk, as identified on the Stripe Restricted Business List.
This policy ensures that Bonchon franchisees comply with legal and regulatory requirements related to technology usage and export control. It also protects Bonchon and Stripe from potential risks associated with providing access to Stripe Technology to high-risk individuals or entities. Franchisees should consult the Stripe Restricted Business List to ensure compliance and avoid any violations that could lead to suspension of services or other penalties.