What entities are included in the definition of 'Card Organization' for Even Hotels?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
Card Organization Rules: The rules, regulations, releases, interpretations, and other requirements (whether contractual or otherwise) imposed or adopted by any Card Organization and related authorities, including, without limitation, those of the PCI Security Standards Council, LLC and the National Automated Clearing House Association.
- (e) Discover. Services provided for transactions made with Cards branded by Discover, Diners Club International JCB, Union Pay, BCcard, or any other Card Organizations subsequently designated by Discover (such Cards are "DNP Card Types" and such transactions are "DNP Transactions") are Non-Bank Services. Depending on your Merchant Account, DNP Transactions may be sponsored and settled by either Processor or Discover. DNP Transactions that Discover sponsors and settles are Conveyed Transactions. DNP Transactions will be processed under and subject to Discover Card Organization Rules and the terms of the Agreement applicable to Discover Card acceptance and transactions, including, without limitation, the fees, rates, and interchange programs applicable thereto.
Source: Item 23 — RECEIPTS (FDD pages 99–438)
What This Means (2025 FDD)
According to Even Hotels' 2025 Franchise Disclosure Document, the term 'Card Organization Rules' encompasses the rules, regulations, releases, interpretations, and other requirements imposed or adopted by any Card Organization and related authorities. This includes, but is not limited to, those of the PCI Security Standards Council, LLC and the National Automated Clearing House Association.
Furthermore, the FDD specifies that services provided for transactions made with cards branded by Discover, Diners Club International JCB, Union Pay, BCcard, or any other Card Organizations subsequently designated by Discover are considered Non-Bank Services. These cards are referred to as DNP Card Types, and the transactions are DNP Transactions.
This definition is important for Even Hotels franchisees as it outlines the various entities whose rules and regulations they must adhere to when processing card transactions. Compliance with these rules is essential to avoid penalties, maintain the ability to accept card payments, and protect cardholder data. Franchisees should ensure they stay updated on any changes to these rules and regulations to remain compliant.