Does Circle K provide network connectivity to the Purchaser, and what fee is associated with this service?
Circle_K Franchise · 2025 FDDAnswer from 2025 FDD Document
Purchaser will have the responsibility of providing a POS machine and other associated equipment at all times during the Term of this Agreement at the Premises and will comply with Seller's POS policies and guidelines, as amended from time to time.
Such POS machine and other associated equipment will be the property of Purchaser.
Seller agrees to provide network connectivity to Purchaser.
In connection with providing network connectivity to Purchaser, Purchaser and Seller will enter into the Credit Network Agreement attached hereto as Exhibit 2.
In accordance with the terms of the Credit Network Agreement, Purchaser will pay Seller a monthly Network Fee, which Seller may increase upon 30 days' advance written notice.
Purchaser understands that Seller's or third-party
Source: Item 23 — RECEIPTS (FDD pages 100–359)
What This Means (2025 FDD)
According to Circle K's 2025 Franchise Disclosure Document, Circle K does provide network connectivity to the Purchaser. To utilize this connectivity, the Purchaser is required to enter into a Credit Network Agreement with Circle K's seller, as detailed in Exhibit 2.
Under the Credit Network Agreement, the Purchaser is obligated to pay the Seller a monthly Network Fee for the network connectivity. The amount of this fee is not specified in this excerpt. However, Circle K retains the right to increase this monthly Network Fee, provided they give the Purchaser 30 days' advance written notice before the increase goes into effect.
It is the Purchaser's responsibility to ensure compliance with all applicable laws related to the Point of Sale (POS) system and other technologies used in their Circle K business. This includes adhering to data protection, security laws, Payment Card Industry (PCI), and Europay, MasterCard, and Visa (EMV) compliance standards. The Purchaser is also responsible for providing and maintaining the POS machine and associated equipment, which remains the property of the Purchaser.