A Refunds Policy is a set of disclosures that explains to customers what to do if they would like to receive their money back after they have received the goods, digital products, or after a service has been performed. A good Refunds Policy will reflect whether you offer refunds, inform the customer of what they need to do to receive a refund and provide information regarding whether the customer needs to meet certain conditions to receive a refund.
Termajargon: Policy Terms Defined
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