For Bonchon, does WIN reserve the right to charge a fee for payments made by credit card?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
WIN reserves the right to charge a fee for payments made by credit card.
Source: Item 23 — RECEIPTS (FDD pages 92–536)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, WIN reserves the right to charge a fee for payments made by credit card. This means that if a Bonchon franchisee uses a credit card to make payments to WIN, they may incur an additional fee. WIN appears to be a third-party vendor, not Bonchon itself.
This policy could impact a franchisee's operating costs, particularly if they frequently use credit cards for payments. Credit card fees can vary, so it's important for a prospective franchisee to understand the potential amount of these charges and factor them into their financial planning. Franchisees should inquire with Bonchon about the typical range of these fees and whether there are alternative payment methods available to avoid them.
While it is not uncommon for service providers to charge fees for credit card payments to cover processing costs, franchisees should evaluate whether these fees are competitive and reasonable. Understanding the payment terms and associated fees is a crucial part of assessing the overall financial viability of the franchise. Franchisees should also clarify whether these fees are subject to change and how they will be notified of any changes.