Refunds

A refund is the process of returning money to a customer who purchased a product or service that didn’t meet expectations, was faulty, or was canceled. When a refund is issued, the seller gives the buyer their money back, either fully or partially, depending on the situation. Refund policies vary by company and may require proof of purchase or adherence to time limits. Essentially, refunds are a way to correct transactions, ensuring customers are compensated if they’re not satisfied or if there was an issue with their purchase.