For Even Hotels, who funds American Express transactions?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
- (f) American Express. American Express transactions are funded by American Express. American Express will provide you with its own agreement that governs those transactions. We are not responsible for and assume no liability with regard to the funding and settlement of American Express transactions. American Express will charge additional fees for the services it provides.
Source: Item 23 — RECEIPTS (FDD pages 99–438)
What This Means (2025 FDD)
According to Even Hotels' 2025 Franchise Disclosure Document, American Express directly funds transactions made using their cards. The FDD specifies that American Express will furnish franchisees with an agreement that governs these transactions. Even Hotels assumes no responsibility or liability for the funding and settlement processes related to American Express transactions.
This arrangement means that franchisees will have a direct relationship with American Express for these transactions, including managing any associated fees. American Express charges additional fees for its services, which the franchisee will be responsible for paying.
Prospective Even Hotels franchisees should carefully review the agreement provided by American Express to fully understand their obligations, the fees involved, and the processes for funding and settlement. This direct relationship is distinct from other card transactions, where a bank or processor might act as an intermediary.