What credit card processing service must a Floyds 99 franchisee use?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee agrees to comply with Franchisor's standards and specifications which include, without limitation, using Franchisor's designated credit card processing service (which operates through the POS System) and taking security measures that comply with PCI Security Standards.
Source: Item 22 — CONTRACTS (FDD pages 57–58)
What This Means (2025 FDD)
According to the 2025 Floyds 99 Franchise Disclosure Document, franchisees must use the credit card processing service that Floyds 99 designates. This service operates through the point-of-sale (POS) system that Floyds 99 mandates.
This requirement ensures uniformity and potentially allows Floyds 99 to negotiate better rates or integrate data collection across all franchise locations. It also allows Floyds 99 to maintain security standards across all locations.
For a prospective franchisee, this means they will not have the freedom to choose their own credit card processing service and must factor in the costs and terms associated with Floyds 99's designated provider. They should inquire about these costs and terms during their due diligence to fully understand the financial implications.