What are the 'Privacy Requirements' that Cinnabon franchisees must abide by?
Cinnabon Franchise · 2025 FDDAnswer from 2025 FDD Document
You must abide by: (a) the Payment Card Industry Data Security Standards ("PCI-DSS") enacted by the applicable Card Associations (as they may be modified from time to time or as successor standards are adopted) and all Laws, standards, or any equivalent thereof relating to the collection, use, and security of personal information; (b) the FACTA; (c) all other Laws, standards, or any equivalent thereof applicable to electronic payments that may be published from time to time by payment card companies and applicable to electronic payments; and (d) any privacy policies or data protection and breach response policies we periodically may establish, including those set forth in Section 12.3 (Data Breach Notification) (collectively, "Privacy Requirements").
Source: Item 23 — Receipts (FDD pages 114–399)
What This Means (2025 FDD)
According to Cinnabon's 2025 Franchise Disclosure Document, franchisees must adhere to specific 'Privacy Requirements' related to data security and electronic payment standards. These requirements include compliance with the Payment Card Industry Data Security Standards (PCI-DSS) as enacted by applicable Card Associations, which may be modified over time. Franchisees must also comply with the Fair and Accurate Credit Transactions Act (FACTA).
In addition to PCI-DSS and FACTA, Cinnabon franchisees must follow all other laws, standards, or their equivalents applicable to electronic payments that payment card companies may publish. These standards apply to electronic payments and may be updated periodically. Franchisees are also obligated to adhere to any privacy policies or data protection and breach response policies that Cinnabon may establish, including those detailed in Section 12.3 regarding data breach notification.
These 'Privacy Requirements' ensure that franchisees handle personal information and electronic payments securely and in compliance with current regulations. This is crucial for maintaining customer trust and protecting the Cinnabon brand's reputation. Failure to comply with these requirements could result in legal and financial repercussions for the franchisee.
Prospective Cinnabon franchisees should carefully review Section 12.3 and any other related documents provided by Cinnabon to fully understand their obligations regarding data protection and privacy. It is also advisable to consult with legal and IT professionals to ensure full compliance with all applicable laws and standards.