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CAKE contract and early termination fee

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CAKE contract and early termination fee
TermDetail
Initial termQuote onlyCAKE (opens in a new tab) · Contract or terms · Set in your order; CAKE's own example uses 36 months. Business News Daily reported a two-year contract in March 2025.
Automatic renewalRenews for 24 monthsCAKE (opens in a new tab) · Contract or terms · Renews for 2-year periods (§10.1).
Notice to avoid renewal60 daysCAKE (opens in a new tab) · Contract or terms ·
Early termination fee (ETF)Pay-as-you-please plan: $150 times the months left. Other plans: 0.80 × (monthly software fees + average processing fees of the last 3 months) × the months left, per location (§6.2).CAKE (opens in a new tab) · Contract or terms ·
How the ETF is calculated
80% of the remaining monthly software and processing fees for each month left in the term.
Exclusive processing commitment in the contractYesCAKE (opens in a new tab) · Contract or terms · Leaving CAKE's processing counts as early termination.
Right to raise pricesCAKE can change recurring fees at any time with 30 days' notice (§6.9); if you don't accept the change you can end the agreement before it takes effect and pay only for the service up to your notice. Renewals are billed at the higher of the renewal rate in your order and CAKE's then-current pricing.CAKE (Mad Mobile) (opens in a new tab) · Contract or terms ·
Trial periodN/ACAKE (Mad Mobile) (opens in a new tab) · Contract or terms · CAKE publishes no trial for the POS.
Initial term of CAKE: Quote onlyInitial term: Quote only; Automatic renewal: 24 months; Notice to avoid renewal: 60 days; Trial period: N/AInitial term: Quote onlyQuote onlyTerm startsInitial termQuote onlyAutomatic renewal24 monthsNotice to avoid renewal60 daysCAKETrial periodN/A
Initial term of CAKE: Quote onlyInitial term: Quote only; Automatic renewal: 24 months; Notice to avoid renewal: 60 days; Trial period: N/AInitial term: Quote onlyCAKEQuote onlyTerm startsTrial periodN/AInitial termQuote onlyAutomatic renewal24 monthsNotice to avoid renewal60 days
Verified Oct 1, 2026 · The source of each line is in the table above.
More clauses of the CAKE contractExclusive processing commitment in the contract: Yes; Right to raise prices: CAKE can change recurring fees at any time with 30 days' notice (§6.9); if you don't accept the change you can end the agreement before it takes effect and pay only for the service up to your notice. Renewals are billed at the higher of the renewal rate in your order and CAKE's then-current pricing.; Trial period: N/ACAKEMore clauses,marked on the page1231Exclusive processingcommitment in the contractYes2Right to raise pricesCAKE can change recurring fees at any time with30 days' notice (§6.9); if you don't accept thechange you can end the agreement before it takeseffect and pay only for the service up to yournotice. Renewals are billed at the higher of therenewal rate in your order and CAKE'sthen-current pricing.3Trial periodN/A
More clauses of the CAKE contractExclusive processing commitment in the contract: Yes; Right to raise prices: CAKE can change recurring fees at any time with 30 days' notice (§6.9); if you don't accept the change you can end the agreement before it takes effect and pay only for the service up to your notice. Renewals are billed at the higher of the renewal rate in your order and CAKE's then-current pricing.; Trial period: N/ACAKEMore clauses,marked on the pageExclusive processing commitment in the contractYesRight to raise pricesCAKE can change recurring fees at any time with 30 days' notice(§6.9); if you don't accept the change you can end the agreementbefore it takes effect and pay only for the service up to your notice.Renewals are billed at the higher of the renewal rate in your orderand CAKE's then-current pricing.Trial periodN/A
Verified Oct 1, 2026 · The source of each line is in the table above.

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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