What fees are Even Hotels franchisees responsible for paying that arise in connection with the Agreement, including those described in the MPA Addendum, Fee Schedule, Interchange Rate Schedule, or Card Organization program pricing schedules?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
- (a) Servicers Fees, Card Organization Fees, and Other Third Party Based Fees. You agree to pay us all Servicers Fees, Third Party Based Fees, Chargebacks, and other amounts arising in connection with the Agreement, including all fees and amounts described in the MPA Addendum, Fee Schedule, Interchange Rate Schedule, Card Organization program pricing schedules, or any other Schedule. For avoidance of doubt, this includes all fees and amounts imposed or established by any Card Organization related to your transactions.
- (b) Errors, Shipping and Handling, Taxes, and Other Amounts. As part of your obligations, you agree to pay and reimburse us for all funds and deposits erroneously credited to your Settlement Account or Merchant Account, all shipping and handling fees related to Equipment and Supplies, and all Taxes (and you authorize us, or our respective assigns, to increase the amount of any preauthorized payment to reflect any increases in Taxes, and you waive any requirement for notice of such increase). In addition, you are fully liable for any transactions that you accept from a Cardholder that are of a type, including a Card type, that you did not elect for your Merchant Account, and must pay us all related Servicers Fees, Third Party Based Fees, and Chargebacks.
All Authorization fees will be charged for each transaction that you
You are responsible for all interchange fees as part of your responsibility for Third Party Based Fees. For more information on Visa's and Mastercard's interchange rates, please go to: www.visa.com/merchants and www.mastercard.us/merchants.
Source: Item 23 — RECEIPTS (FDD pages 99–438)
What This Means (2025 FDD)
According to Even Hotels' 2025 Franchise Disclosure Document, franchisees are responsible for several fees and amounts arising from the franchise agreement. These include Servicers Fees, Third Party Based Fees, Chargebacks, and other amounts detailed in the MPA Addendum, Fee Schedule, Interchange Rate Schedule, and Card Organization program pricing schedules. This encompasses all fees and amounts imposed by any Card Organization related to the franchisee's transactions.
Even Hotels franchisees must also cover costs for funds or deposits erroneously credited to their accounts, shipping and handling fees for equipment and supplies, and all taxes. Franchisees are liable for transactions they accept from cardholders using card types not elected for their merchant account, and must pay all related Servicers Fees, Third Party Based Fees, and Chargebacks.
Authorization fees are charged for each transaction. Franchisees are also responsible for all interchange fees as part of their responsibility for Third Party Based Fees. The interchange rate schedule provides the most common interchange rates, but transactions may downgrade, resulting in higher interchange rates. More information on Visa and Mastercard interchange rates can be found on their websites.