When is the Pearce Bespoke credit card processing fee due?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Credit card processing fee | 3% of total amount debited | When due | Fees will apply if we debit your credit card for royalty fees, brand funds fees, or certain other fees. |
Source: Item 6 — OTHER FEES (FDD pages 11–15)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, a credit card processing fee is charged when Pearce Bespoke debits a franchisee's credit card for royalty fees, brand funds fees, or certain other fees. The fee is 3% of the total amount debited and is due at the time of the debit.
This means that if Pearce Bespoke charges a franchisee $1,000 in royalty fees and debits the franchisee's credit card, the franchisee will be charged an additional $30 (3% of $1,000) as a credit card processing fee. This fee is in addition to any other fees that Pearce Bespoke may charge.
Franchisees should be aware of this fee and factor it into their financial planning. It is important to understand which fees may be subject to credit card debits and to consider the additional 3% charge when budgeting for these expenses. Franchisees should also confirm with Pearce Bespoke which 'certain other fees' are subject to this credit card processing fee.