What representation and warranty does a Bonchon franchisee make to Stripe regarding Personal Data provided to Stripe or collected by Stripe?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
8.3 Personal Data.
Stripe will Process Personal Data for the purposes described in Section 2 of the Data Processing Agreement. You are responsible for being aware of, and complying with, Law governing your use, storage and disclosure of Personal Data.
8.4 Data Processing Agreement.
The Data Processing Agreement, including the Data Transfers Addendum, that applies to your use of the Services and transfer of Personal Data, is incorporated into this Agreement by this reference. Each party will comply with the Data Processing Agreement.
Source: Item 23 — RECEIPTS (FDD pages 92–536)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, the franchisee is responsible for understanding and adhering to the laws governing the use, storage, and disclosure of Personal Data when using Stripe for processing payments. Stripe will process personal data according to Section 2 of the Data Processing Agreement. The Data Processing Agreement, including the Data Transfers Addendum, is incorporated into the agreement.
This means that as a Bonchon franchisee, you must ensure that you are compliant with all relevant data protection and privacy laws, such as GDPR or CCPA, when handling customer data through Stripe. This includes obtaining necessary consents, implementing appropriate security measures, and providing customers with clear and transparent information about how their data is being used.
Failure to comply with these regulations could result in legal penalties and damage to Bonchon's reputation. Therefore, it is crucial for franchisees to invest in proper training and resources to ensure data protection compliance when using Stripe's services.