How is the Credit Card Processing Fee determined for a Ledgers franchise?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
| Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Credit Card Processing Fee | The actual amount charged by third party credit card processor The actual amount charged by third party credit card processor | As incurred |
Source: Item 6 — OTHER FEES (FDD pages 17–20)
What This Means (2025 FDD)
According to Ledgers's 2025 Franchise Disclosure Document, the Credit Card Processing Fee is the actual amount charged by a third-party credit card processor. This fee is incurred as clients pay via credit card.
For a prospective Ledgers franchisee, this means that the amount they pay for credit card processing will directly reflect the charges levied by the third-party processor. Ledgers does not mark up this fee or retain any portion of it. This is a common practice in franchising, where franchisees typically bear the direct costs of payment processing.
It is important for franchisees to understand that while Ledgers passes through the fee directly, franchisees should still carefully evaluate the rates and terms offered by the third-party processor. Franchisees may want to explore options for negotiating lower rates or optimizing their payment processing systems to minimize these costs, as these fees can impact profitability.