Are Toast’s Early Termination Fees Usurious or Expected?
In the payments and POS industries the Early Termination Fee, frequently abbreviated as ETF, is the price a merchant pays for cancelling their agreement before the term is due. Sadly it is common that merchant acquirers lock merchants into 3-year or longer terms, whereby the processor hoses the merchant on monthly fees. The hapless merchant … Continue reading Are Toast’s Early Termination Fees Usurious or Expected?
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