This paper concerns the regularity and geometry of the free boundary in the optimal partial transport problem for general cost functions. More specifically, we prove that a cost implies a locally Lipschitz free boundary. As an application, we address a problem discussed by Caffarelli and McCann \cite{CM} regarding cost functions satisfying the Ma-Trudinger-Wang condition (A3): if the non-negative source density is in some space for and the positive target density is bounded away from zero, then the free boundary is a semiconvex hypersurface. Furthermore, we show that a locally Lipschitz cost implies a rectifiable free boundary and initiate a corresponding regularity theory in the Riemannian setting.

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