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Givex (Shift4 Gift & Loyalty)

Givex (Shift4 Gift & Loyalty) contract and early termination fee

We use the same template for every loyalty and gift card platform we compare, so you can put contracts side by side. Each line shows its source and the date we checked it.

Same template for every vendor
Shift4 also offers: POS systems, Card processing, Online ordering, and 2 more
Givex (Shift4 Gift & Loyalty) contract and early termination fee
TermDetail
Initial term12 monthsShift4 (opens in a new tab) · Contract or terms ·
Automatic renewalRenews for 12 monthsShift4 (opens in a new tab) · Contract or terms ·
Notice to avoid renewal30 daysShift4 (opens in a new tab) · Contract or terms ·
Early termination fee (ETF)No early termination fee clause, but you can only end the agreement at the end of each one-year term with 30 days' written notice. The exit file costs $1,000 plus 10% of the value of the gift cards issued, and the transition is at your expense.Shift4 (opens in a new tab) · Contract or terms ·
How the ETF is calculatedNot researched yet
Right to raise pricesShift4 may change fees with notice (the clause says "thirty (60) days"), and from the first anniversary it may raise total fees each year by the greater of US inflation (CPI) plus 1% or 4%.Shift4 (opens in a new tab) · Contract or terms ·
Trial periodUnconfirmedShift4 (opens in a new tab) · Vendor website · No trial mentioned on the page or in the agreement.

This is general information about published contracts, not legal advice: read your own contract and check with a lawyer before you sign.

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