| Term | Detail |
|---|---|
| Initial term | Quote onlyToast (opens in a new tab) · Contract or terms · Set in your order form (Merchant Agreement §8.1). NerdWallet reports terms of two to three years, and Toast order forms made public by local governments show 36 months (2023) and 24 months (2025). |
| Automatic renewal | Renews for 12 monthsToast (opens in a new tab) · Contract or terms · A renewal is under the then-current Merchant Agreement, and earlier promotions no longer apply (§8.1). |
| Notice to avoid renewal | 30 daysToast (opens in a new tab) · Contract or terms · |
| Early termination fee (ETF) | The software subscription fees left in the term; on a pay-as-you-go plan such as the Starter Kit, $150 for each month left. Plus any processing fee tied to software financing (Merchant Agreement §8.4). If Toast raises your card rates and you terminate before they take effect, the fee doesn't apply (§6.2).Toast (opens in a new tab) · Contract or terms · |
| How the ETF is calculated | 100% of the remaining monthly software fees for each month left in the term. |
| Right to raise prices | Software fees stay the same during the initial term. Toast may change card rates and other non-software fees at any time with 30 days' written notice, and any fee at or during a renewal. If it raises card rates or the core POS fee, you can terminate without the early termination fee (Merchant Agreement §6.2).Toast (opens in a new tab) · Contract or terms · |
This is general information about published contracts, not legal advice: read your own contract and check with a lawyer before you sign.