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ClickBank Accounting
Policy:
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Returned Sales
As part of our commitment to quality customer service,
ClickBank may approve a return in response to a customer
dispute. When a sale is returned the customer receives a 100%
refund and payouts from that sale are debited back out of the
corresponding publisher and affiliate accounts. From the
publisher's account we also charge $1 per returned online check
sale. (There is no similar charge for credit card returns.)
Revoked Sales
A purchase is revoked if the customer's bank later claims
the purchase was unfunded or fraudulent. Revoked sales cost us
money and harm our reputation as a reliable product retailer.
In these instances we charge $1 per revoked online check, $5
per American Express or Discover chargeback, and $15 per all
other credit card chargebacks from the publisher's account.
We will charge an
additional $35 penalty per credit card chargeback if the
publisher's products generate in excess of 1% chargebacks in
any 90-day period. ClickBank reserves the right to delist any
product or group of products at any time.
These practices can help prevent revoked sales:
- Remind the customer that your product brand name will
not appear on their credit card statement. Instead they
will see the name of product retailer "CLKBANK*COM".
- Make it very easy for the customer to contact you for
technical support. Visibly display your email address on
the page so that they can write it down. If you have a
business phone number, provide them with that too.
- Let the
customer know that product is backed by ClickBank's
guarantee of quality customer service and that ClickBank
will be happy to help them if there is any problem with
their purchase.
[Highlighting
emphasis added above by Survey Sentinel]
Debit Backdating
Returns and revokes are backdated 8 days for accounting
purposes. For example, if a return is processed on the 7th of
the current month, the debit is applied to the previous pay
period.
Return Allowance
We withhold a fraction from each payment that is credited
back to your account after six pay periods (about 90 days).
These funds are used to manage quality issues that may arise
with products you publish or promote. The standard return
allowance is 10%. ClickBank may adjust your return allowance at
any time.
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