What is the Byrider franchising partners proprietary fee for credit/debit card transactions?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
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| Name of Fee 1 | Amount | Due Date | Remarks |
|---|---|---|---|
| Byrider Franchising Partners Proprietary | Credit/Debit card: $0.27 - $0.38 per transaction | Upon bil |
Source: Item 6 — Other Fees (FDD pages 21–32)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, franchisees must pay Byrider Franchising Partners a proprietary fee for credit and debit card transactions. This fee ranges from $0.27 to $0.38 per transaction.
This fee is due upon billing, meaning franchisees will need to incorporate this cost into their pricing and financial planning. It is important for prospective franchisees to understand how this transaction fee will impact their overall profitability, especially considering the volume of credit and debit card transactions they anticipate processing.
Franchisees should also inquire whether these fees are subject to change and under what conditions Byrider Franchising Partners might adjust them. Understanding the potential for fee increases is crucial for long-term financial forecasting and maintaining a healthy profit margin. This type of fee is not uncommon in franchising, as franchisors often charge fees to cover the costs associated with providing proprietary systems and support.