Are non-profit organizations eligible to apply for a Stripe Account to use with Bonchon?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
1.1 Eligibility.
Only businesses (including sole proprietors) and non-profit organizations located in the United States are eligible to apply for a Stripe Account and use the Services. Stripe and its Affiliates may provide Services to you or your Affiliates in other countries or regions under separate agreements. You and your Representative must not attempt to create a Stripe Account on behalf of or for the benefit of a user whose use of the Stripe services was suspended or terminated by Stripe, unless Stripe approves otherwise.
1.2 Business Representative.
You and your Representative individually affirm to Stripe that (a) your Representative is authorized to provide User Information on your behalf and to bind you to this Agreement; and (b) your Representative is an executive officer, senior manager or otherwise has significant responsibility for the control, management or direction of your business. Stripe may require you or your Representative to provide additional information or documentation demonstrating your Representative's authority.
Source: Item 23 — RECEIPTS (FDD pages 92–536)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, non-profit organizations located in the United States are eligible to apply for a Stripe Account and use Stripe's services. However, this eligibility is limited to organizations located within the United States. Bonchon franchisees operating as non-profits outside of the U.S. would need to explore separate agreements between Stripe and its affiliates for services in other countries or regions.
To use Stripe, the non-profit and its representative must not attempt to create a Stripe Account on behalf of or for the benefit of a user whose use of Stripe services was previously suspended or terminated, unless Stripe provides explicit approval. The representative of the non-profit must affirm to Stripe that they are authorized to provide user information and bind the organization to the Stripe agreement. This representative should be an executive officer, senior manager, or someone with significant responsibility for the organization's control, management, or direction.
Bonchon may require the non-profit or its representative to provide additional information or documentation to demonstrate the representative's authority. This ensures that the person managing the Stripe account has the appropriate permissions and is acting in the best interest of the non-profit. This requirement is in place to protect both Stripe and the non-profit from potential misuse or unauthorized actions.
In summary, if a Bonchon franchisee is structured as a non-profit organization within the United States, they are eligible to apply for a Stripe account, provided they meet Stripe's other requirements and can properly authorize a representative to manage the account.