| Term | Detail |
|---|---|
| Initial term | Quote onlyPaymentCloud (opens in a new tab) · Vendor website · Set in the merchant agreement of the bank that approves you; its restaurant page offers short-term and month-to-month agreements on request. |
| Automatic renewal | Quote onlyPaymentCloud (opens in a new tab) · Vendor website · Not published: it's in the quote and the merchant agreement of the bank that approves you. |
| Notice to avoid renewal | Quote onlyPaymentCloud (opens in a new tab) · Vendor website · Not published: it's in the quote and the merchant agreement of the bank that approves you. |
| Early termination fee (ETF) | Quote onlyPaymentCloud (opens in a new tab) · Vendor website · Not published; it's in the bank's merchant agreement. Ask for the exact exit cost in writing before signing. |
| How the ETF is calculated | Set in your application or quote; not published. |
| Right to raise prices | UnconfirmedPaymentCloud (opens in a new tab) · Vendor website · The bank's merchant agreement isn't published. |
This is general information about published contracts, not legal advice: read your own contract and check with a lawyer before you sign.