What document is considered the 'Application' for Even Hotels merchant processing services?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
This Addendum to Merchant Processing Application and Agreement for New Properties ("Addendum") is entered into between FDS Holdings, Inc. ("First Data" or "Processor"), Bank of America, N.A. ("Bank") (collectively with First Data, "Servicers", "us", "our" or "we"), and the undersigned client ("Client", "you", or "your") as of the date signed by First Data and Client ("Addendum Effective Date"). Capitalized terms used but not defined in this Addendum are defined in the Terms and Conditions or elsewhere in the Agreement.
- 1.2 This Addendum, along with the Merchant Processing Application and Agreement ("Application"), Fee Schedule attached as Exhibit A ("Fee Schedule"), General Terms and Conditions attached as Exhibit B ("Terms and Conditions"), the Your Payments Acceptance Guide, and any other Schedules or other Contract Documents, as modified from time to time, collectively are the "Agreement" for Client's receipt of the Services.
- 1.3 This Addendum is part of the Agreement and modifies the Agreement, but does not affect the IHG Agreement.
Source: Item 23 — RECEIPTS (FDD pages 99–438)
What This Means (2025 FDD)
According to Even Hotels' 2025 Franchise Disclosure Document, the 'Merchant Processing Application and Agreement' is considered the Application. This document, along with other schedules and contract documents, forms the complete agreement for the franchisee's receipt of services.
Specifically, for new properties, there is an 'Addendum to Merchant Processing Application and Agreement for New Properties'. This addendum modifies the main agreement but does not affect the agreement between IHG (Six Continents Hotels, Inc.) and First Data. The addendum is entered into by FDS Holdings, Inc. (First Data), Bank of America, N.A., and the franchisee.
Prospective Even Hotels franchisees should carefully review the Merchant Processing Application and Agreement, including any addenda, to understand the terms and conditions for payment card processing services. This includes understanding the fees, responsibilities, and data security requirements associated with processing payments at their hotel.