Regarding Bonchon's use of Stripe Services, what is Bonchon prohibited from doing in relation to Restricted Businesses?

According to Bonchon's 2025 Franchise Disclosure Document, franchisees are prohibited from using Stripe services to conduct or transact with any Restricted Business. They also cannot enable any individual or entity, including themselves, to benefit from any Restricted Business.

This restriction means that Bonchon franchisees must ensure their business operations and transactions comply with Stripe's policies regarding prohibited business activities. Failure to adhere to these restrictions could result in the termination of Stripe services for the franchise, which would impact their ability to process electronic payments.

It is important for prospective Bonchon franchisees to carefully review Stripe's terms and conditions to understand what constitutes a Restricted Business. Franchisees should also ensure that their business practices align with these regulations to avoid any potential issues with payment processing. This requirement is typical in franchise agreements where third-party services are integrated into the business model, as the franchisor needs to ensure compliance across all franchise locations to maintain brand integrity and avoid legal issues.