| Term | Detail |
|---|---|
| Initial term | 36 monthsShift4 (opens in a new tab) · Contract or terms · The POS agreement runs with the card processing agreement. Your application can set a different term. |
| Automatic renewal | Renews for 12 monthsShift4 (opens in a new tab) · Contract or terms · |
| Notice to avoid renewal | 90 daysShift4 (opens in a new tab) · Contract or terms · |
| Early termination fee (ETF) | If you leave during the term, you owe a monthly amount per device that depends on your monthly card volume ($100 under $10,000 up to $750 over $250,000), times the months left in the term, plus the cost of any equipment you don't return.Shift4 (opens in a new tab) · Contract or terms · |
| How the ETF is calculated | A monthly amount per device for each month left in the term, by monthly card volume:
|
| Right to raise prices | Shift4 can change any fee with 30 days' written notice, and using the service after the change means you accept it. From the first anniversary it can also raise your total fees by the prior year's CPI-U plus 1%, or 4%, whichever is greater.Shift4 (opens in a new tab) · Contract or terms · |
| Trial period | 30 daysShift4 (opens in a new tab) · Contract or terms · During the trial all charges apply, and you pay to ship the equipment back. |
Example: leaving in month 12
We only show a dollar example for a contract with a term once enough ranked POS systems with a term publish what we need to compute theirs, so no vendor stands out just for publishing more. Read the clause above, or put your own numbers in the calculator.
This is general information about published contracts, not legal advice: read your own contract and check with a lawyer before you sign.