Refund Policy
Effective Date: 16th February, 2026.
Biznaire Ltd (“Biznaire”, “we”, “our”, or “us”) provides a secure transaction platform that holds payments until agreed conditions between buyers and sellers are met. This Refund Policy explains when and how refunds may occur.
By using Biznaire, you agree to this Refund Policy.
1. Escrow-Based Payments
All payments made on Biznaire are held securely until:
• The buyer confirms satisfactory inspection of the item/service
• Or the inspection period expires without dispute
Funds are only released to the seller after these conditions are met.
2. When Refunds Are Allowed
Refunds may be issued if:
• The seller fails to deliver the item or service
• The item does not match the agreed contract terms
• A dispute is raised and resolved in favour of the buyer
• A transaction is cancelled before funds are released
3. Dispute Process
If a buyer is unsatisfied:
• A dispute must be opened within the inspection period
• Both parties may submit evidence (contracts, messages, proof)
• Biznaire reviews the case fairly
• A decision is made to release funds to the seller or refund the buyer
Biznaire’s decision is final.
4. Refund Timeline
Approved refunds are processed within:
3–7 business days (depending on payment provider processing times).
5. Non-Refundable Situations
Refunds may not be granted if:
• The buyer has clicked the "Inspection is Complete" button
• The inspection period expires without dispute
• The issue is outside agreed contract terms
• Fraudulent claims are detected
6. Platform Fees
Biznaire service fees (if applicable) may be non-refundable once a transaction has been initiated and processed.
7. Payment Provider Policies
Refunds are subject to Paystack and banking processing rules which may affect timing.
8. Contact for Refund Requests
All refund or dispute requests should be submitted via:
📧 Email: [email protected]