Who is the facilitator mentioned in the context of the Camp Margaritaville USA Participation Agreement?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
Section 4.11 Gift Card Program. Franchisee must participate in the program for the sale and processing of gift cards at participating locations (the "Gift Card Program") that Franchisor has established. Concurrent with signing this Franchise Agreement, Franchisee must enter into a franchisee participation agreement with Givex, the third-party provider of transaction processing and settlement
Source: Item 23 — RECEIPTS (FDD pages 72–406)
What This Means (2025 FDD)
According to the 2025 Camp Margaritaville FDD, Givex is the third-party provider that facilitates the gift card program. As a Camp Margaritaville franchisee, you are required to participate in the established Gift Card Program for the sale and processing of gift cards at participating locations. Concurrent with signing the Franchise Agreement, you must enter into a franchisee participation agreement with Givex.
This means that Givex will handle the transaction processing and settlement for gift cards at your Camp Margaritaville location. This participation is mandatory, ensuring brand consistency and a unified gift card system across all participating Camp Margaritaville Resorts.
Franchisees should be aware of the terms and conditions outlined in the franchisee participation agreement with Givex, as this agreement will govern the specifics of the gift card program, including processing fees, settlement procedures, and other relevant operational details.