factual

What does 'PCI DSS' stand for in the Bumper Man franchise agreement?

Bumper_Man Franchise · 2025 FDD

Answer from 2025 FDD Document

Franchisee must comply with the PCI DSS as they may be revised and modified by the Payment Card Industry Security Standards Council, or any successor or replacement organization and/or in accordance with other standards Franchisor may specify, and FACTA. Franchisee also must upgrade periodically its Technology System, at Franchisee's expense, to maintain compliance with PCI DSS, FACTA and all Applicable Law. Franchisee must notify Franchisor immediately if it is notified of a credit card breach (as such constitutes a Crisis Management Event) related to the Bumper Business and Franchisee's business related thereto and must cooperate with applicable authorities fully with respect to the investigation. Further, Franchisee must cooperate with Franchisor fully with respect to media statements (if any) and other items related to managing the Crisis Management Event for the purpose of protecting the Marks and System.

Source: Item 23 — RECEIPTS (FDD pages 45–180)

What This Means (2025 FDD)

According to the 2025 Bumper Man Franchise Disclosure Document, the franchisee must comply with 'PCI DSS' standards. However, the document does not spell out the full name of the 'PCI DSS'.

It is important to note that the franchisee is responsible for upgrading their Technology System to maintain compliance with PCI DSS, FACTA, and all Applicable Laws. Additionally, the franchisee must immediately notify Bumper Man if they are notified of a credit card breach related to the Bumper Business and cooperate with authorities in the investigation.

To fully understand the obligations, a prospective franchisee should ask Bumper Man for the full name of 'PCI DSS' and request detailed information about the specific requirements and costs associated with maintaining compliance. This will help in assessing the overall investment and operational responsibilities of owning a Bumper Man franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.