Payment Terms
Effective Date: 01-06-2025
Company: DeyBiz
Website: https://deybiz.com/

1. Payment Schedule

• Payments for services will be invoiced as per the agreed milestones, retainer agreements, or project timelines specified in the contract or proposal.

• Unless otherwise agreed, payments are due within 15 days from the date of invoice.

2. Payment Methods

• DeyBiz accepts payments via bank transfer, online payment gateways, cheque, or any mutually agreed method.

3. Advance Payments

• For new clients or large projects, an advance payment of [typically 30-50%] may be required before project commencement.

4. Late Payments

• Payments not received by the due date may incur a late fee of 2% per month on the outstanding amount.

• Continued delay may result in suspension of services until payments are cleared.

5. Taxes and Duties

• All payments are exclusive of applicable taxes, duties, and levies which will be charged as per government regulations.

6. Refunds and Adjustments

• Refunds, if applicable, will be processed as per the cancellation or refund policy outlined separately.

• Any adjustments or disputes regarding invoices must be raised within 7 days of receipt.

• Please check and review our Project Cancellation Policies

7. Ownership & Deliverables

• Ownership of deliverables will be transferred upon full payment of all outstanding invoices.

• Please check and review our Service Delivery Terms

8. Disputes

• Any payment disputes should be communicated in writing immediately. Both parties agree to work in good faith towards resolution.