To what customer base does Healthsource Chiropractic extend credit?
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 have arrangements to accept credit and debit cards from customers. Specifically, franchisees must have arrangements with Visa, MasterCard, and any other credit and debit card issuers or sponsors, check verification services, and electronic fund transfer systems that Healthsource Chiropractic designates.
Healthsource Chiropractic retains the right to mandate that franchisees obtain these services through Healthsource Chiropractic, its affiliates, or designated third parties. This requirement ensures that franchisees can accommodate various payment methods, aligning with customer expectations and facilitating transactions.
For a prospective franchisee, this means they need to budget for the costs associated with setting up and maintaining these payment processing systems. It also implies that Healthsource Chiropractic has the authority to influence or control which payment processing services a franchisee uses, potentially impacting costs and service quality. Franchisees should clarify with Healthsource Chiropractic any specific requirements or preferred vendors for these services to ensure compliance and manage expenses effectively.