What credit and debit card issuers or sponsors must a HealthSource Chiropractic franchisee have arrangements with?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
- 10.9 Credit Cards and Other Methods of Payment. You must at all times have arrangements in existence with Visa, Master Card, and any other credit and debit card issuers or sponsors, check verification services, and electronic fund transfer systems that we designate from time to time, in order that the Franchise may accept customers' credit and debit cards, checks, and other methods of payment. We may require you to obtain such services through us or our affiliates or designated third parties.
Source: Item 23 — Receipts (FDD pages 77–282)
What This Means (2025 FDD)
According to the 2025 HealthSource Chiropractic Franchise Agreement, franchisees must maintain arrangements with specific credit and debit card issuers to facilitate customer payments. Specifically, a HealthSource Chiropractic franchisee must have arrangements with Visa and MasterCard.
In addition to Visa and MasterCard, franchisees must also have arrangements with any other credit and debit card issuers or sponsors, check verification services, and electronic fund transfer systems that HealthSource Chiropractic designates from time to time. This gives HealthSource Chiropractic the flexibility to adapt to changing payment technologies and consumer preferences by mandating franchisees to accept new payment methods as they become relevant.
HealthSource Chiropractic also retains the right to require franchisees to obtain these payment processing services through HealthSource Chiropractic itself, its affiliates, or designated third parties. This provision potentially allows HealthSource Chiropractic to negotiate favorable rates or standardize payment processing across all franchise locations, but it also limits the franchisee's ability to shop around for the best rates and services independently.