| Term | Detail |
|---|---|
| Initial term | 36 monthsHeartland Payment Systems (opens in a new tab) · Contract or terms · Heartland's publicly posted processing terms are the March 2016 revision; your agreement may differ. In a documented 2021 case, Heartland's own reply also mentions a 36-month agreement; other merchants in the same lawsuit mention 24 months. |
| Automatic renewal | Renews for 12 monthsHeartland Payment Systems (opens in a new tab) · Contract or terms · Heartland's publicly posted processing terms are the March 2016 revision; your agreement may differ. A Heartland application revised in November 2024, made public by a city government, confirms the 36-month term but doesn't mention renewal, and says the current terms are behind the InfoCentral login. |
| Notice to avoid renewal | 60 daysHeartland Payment Systems (opens in a new tab) · Contract or terms · Heartland's publicly posted processing terms are the March 2016 revision; your agreement may differ. A Heartland application revised in November 2024, made public by a city government, confirms the 36-month term but doesn't mention renewal, and says the current terms are behind the InfoCentral login. |
| Early termination fee (ETF) | $295 per location if you end the agreement before the term is over, charged at Heartland's discretion in one ACH debit (§11.4). A separate $100 applies if you rent equipment and end the equipment agreement early.Heartland Payment Systems (opens in a new tab) · Contract or terms · Heartland's publicly posted processing terms are the March 2016 revision; your agreement may differ. The fee is per location: with several locations, it applies to each one, and our cost of leaving uses one location. |
| How the ETF is calculated | A fixed amount of $295. |
| Right to raise prices | Heartland may amend its fee schedule with at least 15 days' written notice, pass on card network and third-party cost increases with 15 days' notice, and change your discount and transaction fees without notice if your volume or average ticket differs from your application (§6.2, §6.3, §6.5).Heartland Payment Systems (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 $295. 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.