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Legal Document

Refund & Cancellation Policy

Our transparent policy on subscription cancellations, refunds, and payment processing

Last Updated

February 28, 2026

Effective Date

March 1, 2026

Version

2.0

This Refund & Cancellation Policy is published by Fininvo, a trade name of Prashbi Global Services Pvt. Ltd., a company incorporated under the laws of India (CIN: U52100KA2020PTC133490), with its registered office at Tholons Tower, 346 HIG, 17th Cross Rd, Dollars Colony, R.M.V. 2nd Stage, Bengaluru, Karnataka 560094, India. References to "Fininvo", "we", "us", or "our" in this document refer to Prashbi Global Services Pvt. Ltd..

1

No-Refund Policy

IMPORTANT: ALL SALES ARE FINAL

All subscription fees paid to Fininvo are non-refundable. Once a payment has been successfully processed, no refunds will be issued regardless of the reason, including but not limited to:

  • Dissatisfaction with the service or features
  • Failure to use the platform or any of its modules
  • Change of business requirements or circumstances
  • Redundant subscriptions or accidental purchases (unless payment failed)
  • Early cancellation of monthly or annual subscriptions

By subscribing to Fininvo, you acknowledge and agree that all subscription payments are final and non-refundable. We encourage all prospective customers to thoroughly evaluate our platform using available product demos, documentation, and free-tier features before committing to a paid subscription.

Before You Subscribe: We strongly recommend exploring our product demos, documentation, and contacting our sales team for a guided walkthrough. Our team is happy to answer any questions to ensure Fininvo is the right fit for your business needs.

2

Payment Failure Refunds

The only circumstance under which a refund is issued is when a payment transaction fails or is duplicated at the payment gateway level. In such cases, the refund is processed directly by the third-party payment gateway provider.

When Refunds Are Issued

Failed transactions: Payment was debited but not confirmed by the gateway

Duplicate charges: The same transaction was processed more than once due to a gateway error

Gateway timeout: Payment debited but subscription not activated due to a gateway communication failure

5 to 10

Business days for gateway refund

Razorpay

Payment gateway (India)

Stripe

Payment gateway (Global)

Auto

Refund processed automatically

How It Works: Failed transaction refunds are initiated and processed entirely by our payment gateway partners (Razorpay for India, Stripe for global payments). Fininvo does not manually process refunds. The refund is automatically credited back to your original payment method within 5 to 10 business days, depending on your bank or card issuer.

3

Subscription Cancellation

You may cancel your Fininvo subscription at any time. However, please note the following:

Monthly Plans

Cancel anytime. Your access continues until the end of the current billing period. No refund for the remaining days.

Annual Plans

Cancel with 30 days' notice. Access continues until the end of the annual term. No pro-rata refund for unused months.

No Partial Refunds

Cancellation does not entitle you to any refund, whether partial, pro-rata, or otherwise, for the current billing period or any remaining time on your subscription. You will continue to have full access to all features until the end of your paid period.

Auto-Renewal: Subscriptions auto-renew unless cancelled at least 30 days before the renewal date. Upon cancellation, auto-renewal is disabled and no further charges will be made.

4

How to Cancel

Cancelling your Fininvo subscription is straightforward. Follow these steps or contact our billing team directly.

1

Navigate to Settings

Log in to your Fininvo account and go to Settings from the main navigation.

2

Open Billing

Select the Billing tab to view your current subscription details and payment history.

3

Cancel Subscription

Click Cancel Subscription and follow the confirmation prompts. You will receive a confirmation email.

Prefer Email? You can also cancel by sending an email to billing@fininvo.com with your account details and cancellation request. Our team will process it within 1 business day.

5

Downgrades & Plan Changes

You can change your subscription plan at any time. No refunds are issued for plan changes.

Downgrades

  • • Takes effect at the next billing cycle
  • • Access to higher-tier features continues until current period ends
  • • No refund or credit for the price difference

Upgrades

  • • Takes effect immediately with pro-rata billing
  • • You pay only the difference for the remaining period
  • • New features are available instantly
6

Enterprise Contract Cancellation

Enterprise customers with a Master Services Agreement (MSA) are governed by the cancellation and payment terms specified in their individual contracts.

Enterprise Cancellation Process

Cancellation terms governed by your MSA
Contact your dedicated Account Manager
Custom notice periods as per contract
No refunds unless explicitly stated in MSA
Data export assistance included
Transition support for migration
7

Payment Gateway Processing

All payments are processed through Razorpay (for India) and Stripe (for global payments), both PCI DSS Level 1 certified payment gateways. Fininvo does not store or handle your credit card or banking details directly.

Secure Payments

All transactions are encrypted with TLS 1.3. Razorpay and Stripe handle payment data in PCI-compliant environments.

Failed Payment Refunds

If a payment fails or is duplicated, the payment gateway (Razorpay or Stripe) automatically initiates the refund to your original payment method.

Dispute Resolution: If you believe a charge was made in error, please contact billing@fininvo.com within 15 days of the charge. Our team will investigate and work with the respective payment gateway to resolve the issue. Please note that filing a chargeback without first contacting us may result in account suspension.

8

RBI Compliance (India)

For customers in India, our payment practices comply with the Reserve Bank of India (RBI) guidelines for digital payments and recurring transactions.

e-Mandate Compliance

All recurring payments follow RBI's e-mandate framework. You will receive pre-debit notifications 24 hours before each charge.

Failed Transaction Refunds

As per RBI guidelines, refunds for failed digital transactions are processed within 5 to 7 business days to the original payment instrument by the payment gateway.

UPI & Netbanking

Failed payments made via UPI or netbanking are refunded to the source account by the payment gateway. UPI refunds typically reflect within 2 to 3 business days.

Card Payments

Credit/debit card refunds for failed transactions are processed per RBI norms. Domestic card refunds may take 5 to 7 business days; international cards up to 14 business days.

Grievance Redressal: In compliance with RBI's Integrated Ombudsman Scheme, if your failed payment refund complaint is not resolved within 30 days, you may escalate to the RBI Ombudsman at cms.rbi.org.in.

Contact Our Billing Team

Billing & Payment Issues

billing@fininvo.com

Enterprise Sales

enterprise@fininvo.com

CIN

U52100KA2020PTC133490

Registered Office

Prashbi Global Services Pvt. Ltd.
Tholons Tower, 346 HIG, 17th Cross Rd, Dollars Colony,
R.M.V. 2nd Stage, Bengaluru, Karnataka 560094, India