What happens if Bonchon violates the Stripe Services Agreement?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
6.2 Suspension.
Stripe may immediately suspend providing any or all Services to you, and your access to the Stripe Technology, if:
- (a) Stripe believes it will violate any Law, Financial Services Terms or Governmental Authority requirement;
- (b) a Governmental Authority or a Financial Partner requires or directs Stripe to do so;
- (c) you do not update in a timely manner your implementation of the Services or Stripe Technology to the latest production version Stripe recommends or requires;
- (d) you do not respond in a timely manner to Stripe's request for User Information or do not provide Stripe adequate time to verify and process updated User Information;
- (e) you breach this Agreement or any other agreement between the parties;
- (f) you breach any Financial Services Terms;
- (g) you enter an Insolvency Proceeding;
- (h) Stripe believes that you are engaged in a business, trading practice or other activity that presents an unacceptable risk to Stripe; or
- (i) Stripe believes that your use of the Services (i) is or may be harmful to Stripe or any third party;
- (ii) presents an unacceptable level of credit risk; (iii) increases, or may increase, the rate of fraud
that Stripe observes; (iv) degrades, or may degrade, the security, stability or reliability of the This document was downloaded from franchimp.com. All the information on this website is published in good faith and for general information purpose only. FranChimp.com does not make any warranties about the completeness, reliability, and accuracy of this information. Any action you take upon the information you find on this website (FranChimp.com), is strictly at your own risk. We will not be liable for any losses and/or damages in connection with the use of our website.
https://stripe.com/legal/ssa 9/46
Stripe services, Stripe Technology or any third party's system (e.g., your involvement in a distributed denial of service attack); (v) enables or facilitates, or may enable or facilitate, illegal or prohibited transactions; or (vi) is or may be unlawful.
6.3 Survival.
The following will survive termination of this Agreement:
Source: Item 23 — RECEIPTS (FDD pages 92–536)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, Stripe has the right to suspend services to a Bonchon franchisee and their access to Stripe Technology immediately if Stripe believes it will violate any law, financial service terms, or governmental authority requirement. Suspension can also occur if a governmental authority or financial partner directs Stripe to do so.
Further reasons for immediate suspension include failure to update the Services or Stripe Technology, not responding to Stripe's request for user information, or breaching the Stripe Services Agreement or any other agreement between the parties. If a Bonchon franchisee enters an insolvency proceeding, or if Stripe believes the franchisee is engaged in a business or activity that presents an unacceptable risk to Stripe, services may also be suspended.
Additionally, Stripe can suspend services if it believes the franchisee's use of the services is harmful to Stripe or any third party, presents an unacceptable level of credit risk, increases the rate of fraud, degrades the security of Stripe's systems, enables illegal transactions, or is unlawful. The obligations outlined in the agreement will remain even after termination.