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Refund policies are guidelines you employ to give your customers all the required information they need to claim their cash back when they return the product to the shop. A suitable business policy for smaller businesses should include things like the timing of refunds, the manner of dealing with them and the information that consumers must give to obtain their money returned.
Policies on refunds are essential because they assist customers in purchasing decisions, and also increase the trust and transparency of your organization. Find out more information about refund and return guidelines as well as an example of a refund policy.
Take note: The examples that we offer of our refund policies are guidelines that can help get your journey. These examples are not meant to serve as templates for your model for a return policy, and are not meant to serve as the lawful rules.
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