If you sell an online course, digital product, or do business online, you may offer payment plans to your customers. But what do you do when the customer stops paying?
In this episode you’ll learn:
- If it’s possible to totally avoid chargebacks (spoiler alert: it is, but only if you stop taking credit cards altogether)
- Some practical customer service tips to help you cut down on chargebacks
- Why including a clear refund policy in your terms of use will be your strongest evidence to fight an invalid chargeback claim
- The (potentially) tricky business of payment plans and what regulations you may need to comply with
- Tech & practical tips to make sure your customers follow through on a payment plan
- The important payment plan details you should definitely include in your terms of use
Key takeaway: Between including clearly outlined terms in your contract and using a few practical & tech tips, you can make sure your payment plans don’t become non-payment plans.
BONUS: Head over to www.awbfirm.com/course for instant access to our brand new, free masterclass, 3 Legal Protections Your Course Business is Probably Missing, and our legal checklist for course creators (plus you'll be the first to know when new episodes are live).
Resources:
Legal Road Map® podcast episode 85: www.awbfirm.com/podcast85
Autumn’s Gravy affiliate link: www.sharegravy.com/autumn
Legal Road Map® Facebook group: https://www.facebook.com/groups/legalroadmap/
This podcast is information, not legal advice specific to your situation.
Some of the links on this page are affiliate links, which means that if you choose to make a purchase, the AWB Firm will earn a commission. This commission comes at no additional cost to you. We have experience with these companies, and recommend them because they are helpful and useful, not because of the small commissions we make if you decide to buy something. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.
