What is the fee charged to Byrider franchisees for each Moneygram transaction?

According to Byrider's 2025 Franchise Disclosure Document, franchisees are charged a fee of $1.00 per Moneygram transaction. This fee is in addition to other potential fees, such as credit/debit card transaction fees which range from $0.27 to $0.38 per transaction. These fees are part of the ongoing costs associated with utilizing third-party vendor services necessary for the operation of the Byrider franchise.

Prospective franchisees should consider these transaction fees as part of their operating expenses. The Moneygram fee, specifically, will be incurred each time a customer uses Moneygram to make a payment. Depending on the volume of Moneygram transactions, this could represent a significant expense over time. It is important for franchisees to factor this into their pricing and financial projections.

It is also important to note that the FDD mentions other fees from third party vendors, such as fees for incompleteness notices ($1.00 - $1.35 per consumer letter), adverse action notices ($1.00 - $1.35 per notice), risk-based pricing notices ($1.00 - $1.35 per notice) and collection letters ($1.00 - $1.35 per letter). Franchisees should carefully review all potential fees and understand how they will impact their profitability. The maintenance fees to third party vendors are to be determined, so it is important to ask Byrider about these fees.