Hawaii Restaurant Card Agreement: What You Need to Know
If you`re a restaurant owner in Hawaii, you might have heard of the Hawaii Restaurant Card (HRC) program. This program was created to provide support for Hawaii`s restaurant industry during the COVID-19 pandemic. It allows eligible Hawaii residents to receive a $500 prepaid card that can be used at participating restaurants. However, participating in the HRC program requires signing an agreement. Here`s what you need to know about the Hawaii Restaurant Card agreement.
What is the Hawaii Restaurant Card agreement?
The Hawaii Restaurant Card agreement is a legal document that restaurants must sign in order to participate in the Hawaii Restaurant Card program. It outlines the terms and conditions of the program and sets out the obligations of both the restaurant and the State of Hawaii. Essentially, by signing the agreement, a restaurant agrees to accept the Hawaii Restaurant Card as a form of payment and to follow the rules of the program.
What are the terms and conditions of the Hawaii Restaurant Card agreement?
The Hawaii Restaurant Card agreement covers a number of different topics. Here are some of the most important terms and conditions:
– Eligibility: Only restaurants that meet certain criteria are eligible to participate in the Hawaii Restaurant Card program. Restaurants must be located in Hawaii, they must have a valid tax ID number, and they must be licensed with the Hawaii Department of Health. Additionally, restaurants must agree to comply with all applicable laws and regulations.
– Acceptance of the Hawaii Restaurant Card: Restaurants that sign the agreement agree to accept the Hawaii Restaurant Card as a form of payment. They must train their employees on how to process the card and must ensure that the card is processed correctly.
– Fees: Participating restaurants must agree to pay a processing fee of 2.5% for each transaction processed with the Hawaii Restaurant Card. This fee is deducted automatically from the payment made to the restaurant.
– Promotion: Restaurants that participate in the Hawaii Restaurant Card program agree to promote the program to their customers. They must display signage promoting the program and must include information about the program on their website and social media channels.
– Reporting: Participating restaurants must agree to submit reports on a regular basis to the State of Hawaii. These reports include information about the number and total value of transactions processed with the Hawaii Restaurant Card.
What are the consequences of violating the Hawaii Restaurant Card agreement?
Restaurants that violate the terms and conditions of the Hawaii Restaurant Card agreement may be subject to consequences. These consequences can include fines, termination from the program, and legal action. It`s important for participating restaurants to carefully review the agreement and to ensure that they are in compliance with all of the rules of the program.
In conclusion, the Hawaii Restaurant Card agreement is a crucial component of participating in the Hawaii Restaurant Card program. By understanding the terms and conditions of the agreement, restaurants can ensure that they are in compliance with the rules of the program and can receive the benefits of participating. If you have any questions about the Hawaii Restaurant Card agreement, it`s recommended that you seek legal advice.