Your Website Payment Terms specify how and when your customers will pay for subscribing to your website, what the subscription terms are, and what will happen at renewal or cancellation.
A Website Payment Terms is an important document, as many businesses require customers to be paid subscribers to their website. These Website Payment Terms make sure your customers are aware of such key areas as subscription fees, early cancellation, price changes, and renewal.
It is essential to make sure that people using your website are made aware of both their obligations and yours in terms of payment.
When drafting a Website Payment Terms, it is important to focus on a number of key clauses, in particular: