factual

Does Face Foundrie require the cardholder's ZIP code for credit card authorization?

Face_Foundrie Franchise · 2025 FDD

Answer from 2025 FDD Document

fees or contributions required to be paid to Franchisor or its Affiliates shall be paid by automated bank draft or such other method as determined by Franchisor, as applicable, in its sole discretion. At least thirty (30) days before opening the Facial Bar, Franchisee shall provide Franchisor with Franchisee's bank name, address, account number, and a voided check from Franchisee's bank account. Franchisee shall also execute an Electronic Funds Withdrawal and Credit Card Authorization, which is attached as Exhibit D to this Agreement (which also includes a credit card authorization in favor of Franchisor authorizing Franchisor to charge all amounts Franchisee or its affiliates owe to Franchisor under this Agreement or any other agreement between Franchisee and its affiliates and Franchisor), and give copies to Franchisee's bank and to Franchisor. Franchisee shall immediately notify Franchisor of any change in Franchisee's banking relationship, including changes in

account numbers. Franchisor reserves the right to require Franchisee to pay any fees due under this Agreement by other means Franchisor may specify from time to time.

Source: Item 22 — CONTRACTS (FDD pages 73–74)

What This Means (2025 FDD)

Based on the 2025 Face Foundrie Franchise Disclosure Document, while it doesn't explicitly state that the cardholder's ZIP code is required for credit card authorization, it does mention that franchisees must execute an Electronic Funds Withdrawal and Credit Card Authorization form. This form authorizes Face Foundrie to charge amounts owed by the franchisee under the Franchise Agreement.

Furthermore, Face Foundrie has the right to specify the types of credit card, debit card, and other non-cash payment systems and related hardware that franchisees must use. This implies that Face Foundrie has control over the payment processing systems used at each location.

Therefore, while the FDD does not directly address the ZIP code requirement, it's reasonable to assume that the specific requirements for credit card authorization, including whether a ZIP code is needed, would be dictated by the Electronic Funds Withdrawal and Credit Card Authorization form or the specified payment processing systems. A prospective franchisee should clarify these details with Face Foundrie during their due diligence.

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.