| Term | Detail |
|---|---|
| Initial term | Month to monthFinix (opens in a new tab) · Vendor website · |
| Automatic renewal | Doesn't renew automaticallyFinix (opens in a new tab) · Vendor website · Month-to-month, with no renewal term. |
| Notice to avoid renewal | Not needed: it doesn't renew automatically |
| Early termination fee (ETF) | $0 termination fee.Finix (opens in a new tab) · Vendor website · |
| How the ETF is calculated | The terms don't set an early termination fee. |
| Right to raise prices | Finix can change its fees, effective upon notice; it will try, but isn't required, to give 30 days' notice, and card network and other pass-through charges change when those third parties change them. You reject a change by closing your account. (Finix's newer Pathward version of its terms promises at least 30 days' written notice, except for pass-through increases.)Finix (opens in a new tab) · Contract or terms · |
Example: leaving in month 12
With our reference profile (Reference: $30k/month in card sales, $35 average ticket, 90% in person, 1 terminal, 12 months), the estimated early termination fee would be $0. Your contract may differ: use the calculator with your numbers.
This is general information about published contracts, not legal advice: read your own contract and check with a lawyer before you sign.