Refund Policy
1. Cancellation Policy
Explains how users can cancel an order or service.
Covers:
-
Timeframe for cancellation
-
Whether cancellation is free or paid
-
How refunds are handled after cancellation
Example use: services, subscriptions, bookings
π 2. Return Policy
Used if you sell physical products.
Covers:
-
Return eligibility period (e.g., 7 / 14 / 30 days)
-
Condition of items
-
Who pays return shipping
-
Replacement vs refund
π 3. Exchange Policy
If you allow product exchanges instead of refunds.
Covers:
-
Eligible products
-
Exchange timeframe
-
One-time or multiple exchanges
π 4. Shipping & Delivery Policy
Very important for e-commerce.
Covers:
-
Processing time
-
Delivery timelines
-
Shipping partners
-
International shipping
-
Delays & lost packages
π 5. Subscription & Billing Policy
If you charge monthly / yearly payments.
Covers:
-
Billing cycles
-
Auto-renewal
-
How to cancel subscriptions
-
Failed payments
-
Proration rules
π 6. Digital Products Policy
If you sell downloads, licenses, or access.
Covers:
-
Instant delivery
-
No-refund clause after access
-
License usage limits
-
Download limits
π 7. Chargeback Policy
Protects you from payment disputes.
Covers:
-
When chargebacks are considered misuse
-
Required communication before disputes
-
Evidence you may provide
π 8. Pricing & Payment Policy
Clarifies payment terms.
Covers:
-
Accepted payment methods
-
Taxes & VAT
-
Currency
-
Failed or duplicate payments
π 9. Service Level Agreement (SLA) (for services / SaaS)
Covers:
-
Uptime guarantees
-
Support response times
-
Maintenance windows
-
Limitations of liability
π 10. Fair Use Policy
Used for services with limits.
Covers:
-
Usage caps
-
Prohibited activities
-
Abuse prevention