Everything worth knowing, nothing that isn't.
Where it fits
A toll-free number supports two-way SMS at higher volume than a standard 10-digit long code, without the cost and lead time of a short code — a practical middle option for US/Canada business messaging. See /answers/what-is-short-code-vs-long-code and /answers/what-is-long-code.
Verification is required
To send A2P traffic at scale, a toll-free number must be verified with the messaging ecosystem, declaring the brand and use case; unverified toll-free traffic is heavily limited. See /answers/what-is-a2p-10dlc for the long-code equivalent.
Two-way capable
Toll-free numbers receive inbound messages, so they support replies, keywords, and STOP handling. See /answers/what-is-two-way-messaging and /answers/what-is-toll-free-messaging.