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Refund policies are an outline of guidelines that will provide customers with the information they need to get funds back after returning an purchased product to your store. A typical business policy could cover things such as time frames, methods by the process of refunds, and what customers need to provide or do in order to receive their refunds.

Refund policies are important because they assist customers in making purchasing decisions and increase trust and improve transparency within the company. Learn more about refund and return policies and see an example of a refund policy template.

Reminder: The refund policy template is only an initial step it is not designed to be used to create a refund or return policy template or legal guidelines.

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