Monthly Fees from Square
Franchisees are responsible for paying fees to Square for Point of Sale and marketing software
We have negotiated a company-wide rate for King of Pops Franchisees that Square's cost for payment processing transactions of Square's Cost (interchange and other incidental fees) + .55%.
Transaction fees are taken out in a single withdrawal against a transfer into your bank account on the 10th of each month.
We've also negotiated a discounted rate for premium services:
- $20 Restaurant plus
- $25 Marketing Plus (email / text marketing)
- $30 Loyalty
- $25 Franchise Suite
- $25 Service Plus
These charges are taken out on the 1st of the month.