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Refund policies comprise a list of guidelines that provide your clients with the details they need to get funds to be returned following the return of the item they purchased at your store. The typical policies that a small-sized business has could include things like dates, procedures that refunds are dealt with, and what steps the customer must take in order to receive their money.

The significance of policies on refunds is in helping your customers to make informed purchases in a way that builds trust and transparency around your business. Find out about the importance of return and refund policies along with an example of a template of a refund policy.

A reminder that the sample refund policy is only an example for you to use as a basis for getting going. It is not intended to serve as the foundation for a refund policy or return policy template legal guidance.

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