Can Cool Binz require a franchisee to pay royalties by means other than automatic debit?

According to Cool Binz's 2025 Franchise Disclosure Document, franchisees are required to authorize automatic debit for royalty payments. Specifically, before opening their Cool Binz Business, franchisees must sign and deliver documents that authorize Cool Binz to automatically debit their business checking account each month for the royalty fees due on gross sales from the preceding month. This process involves completing an electronic funds transfer (EFT) agreement.

Cool Binz will scan the COOL BINZ Software or other Required Software each month to identify jobs with changes in customer payments since the previous month and calculate royalties on the amount of the change. Cool Binz will then provide an itemization of the jobs on which royalties will be assessed, along with the total royalty amount. On the tenth of each month, or another designated date, Cool Binz will initiate a transfer of funds from the franchisee's designated bank account for the specified amount.

The FDD does not explicitly state whether Cool Binz will accept royalty payments through methods other than automatic debit. However, the explicit requirement for an EFT agreement suggests that automatic debit is the standard and preferred method of payment. A prospective franchisee should confirm with Cool Binz whether alternative payment methods are possible and under what circumstances they might be considered.