MicrostockGroup

Agency Based Discussion => VideoBlocks => Topic started by: Yay Images Billionaire on January 15, 2017, 22:43

Title: No Time Limit for Refunds
Post by: Yay Images Billionaire on January 15, 2017, 22:43
I accept that people buying clips that don't meet their needs does happen, but I just had a refund on VB for a clip I sold in October 2015. That's a bit ridiculous. How long does it take to figure out a clip isn't suitable?
Title: Re: No Time Limit for Refunds
Post by: lbarn on January 15, 2017, 23:53
I thought they said no refunds after the clip had been downloaded??
Title: Re: No Time Limit for Refunds
Post by: SpaceStockFootage on January 16, 2017, 00:52
Sales reversals can happen up to six months down the line, bit I can't really see any valid reason why a refund or a reversal would take place 15 months later.
Title: Re: No Time Limit for Refunds
Post by: unnonimus on January 16, 2017, 18:51
it is possible that the license agreement permits the refund after a longer period of time. there are benefits to some license agreements or purchase arrangements for the buyer, but they are paying more up front.

there are no laws (in the US) regulating refunds, but most banks voluntarily negotiate refunds for as much as 6 months after purchase. the refunds are negotiated between the financial institutions (the payer and receiver).

the stock media agency can offer refunds to whatever limit they desire.
Title: Re: No Time Limit for Refunds
Post by: helloitsme on January 17, 2017, 18:25
I accept that people buying clips that don't meet their needs does happen, but I just had a refund on VB for a clip I sold in October 2015. That's a bit ridiculous. How long does it take to figure out a clip isn't suitable?

For real?  That's disgusting.