| Term | Detail |
|---|---|
| Initial term | Quote onlyToast (opens in a new tab) · Contract or terms · Set in your order form (Merchant Agreement §8.1); online ordering is an add-on on the same order. |
| 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) | On subscription plans, 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).Toast (opens in a new tab) · Contract or terms · The example in dollars uses the Point of Sale plan. If Toast raises card rates or the core POS fee, you can terminate without this fee (§6.2). |
| How the ETF is calculated | Not researched yet |
| Exclusive processing commitment in the contract | YesToast (opens in a new tab) · Contract or terms · Toast's payment processing terms make Toast your only card processor under the Merchant Agreement. |
| 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 · |
| Trial period | N/AToast (opens in a new tab) · Contract or terms · ()Toast publishes no trial period. |
| Charges before you go live | Not researched yet |
This is general information about published contracts, not legal advice: read your own contract and check with a lawyer before you sign.