factual

How does Fiserv collect the NGP Transaction Fee for most transactions for a Crowne Plaza hotel?

Crowne_Plaza Franchise · 2025 FDD

Answer from 2025 FDD Document

For most Transactions, the NGP Transaction Fee will be collected by merchant service provider Fiserv as part of the settlement reconciliation.

Source: Item 23 — Receipts (FDD pages 100–424)

What This Means (2025 FDD)

According to the 2025 Crowne Plaza FDD, for most transactions, the Next-Gen Payments (NGP) Transaction Fee is collected by Fiserv, the merchant service provider, as part of the settlement reconciliation process. This means that Fiserv deducts the transaction fee directly during the process of settling credit card payments.

This arrangement simplifies the fee payment process for Crowne Plaza hotels, as the transaction fee is automatically handled by Fiserv during the regular settlement of credit card transactions. The FDD also specifies that the NGP Transaction Fee is $0.06 per transaction. IHG invoices the hotel each month for the fees associated with the Next-Gen Payments Solution.

Crowne Plaza franchisees should ensure they understand the settlement reconciliation process with Fiserv to accurately track and account for these transaction fees. Franchisees should also be aware that IHG reserves the right to lower the NGP Transaction Fee upon notice to the hotel, but cannot increase it.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.