Payment Policy

Effective Date: January 17, 2025

At Freedom Yachts, we are committed to providing a secure and seamless payment experience. This Payment Policy outlines the accepted payment methods, terms, and conditions for transactions with us.

1. Accepted Payment Methods

We accept the following payment options:

  • Credit/Debit Cards: Visa, MasterCard, American Express, and Discover.
  • Bank Transfers: Available for larger transactions; bank details will be provided upon request.
  • PayPal: Secure and convenient online payment option.
  • Checks: Subject to clearance before order processing.

2. Payment Terms

a. Full Payment

  • Payment in full is required at the time of purchase unless otherwise agreed upon in writing.
  • Orders will not be processed until the payment is successfully received.

b. Installment Plans

  • Flexible installment plans are available for select products.
  • Terms, including the deposit amount, interest rates (if applicable), and payment schedule, will be agreed upon prior to purchase.
  • Late or missed payments may result in penalties or additional fees.

c. Currency

  • All transactions are processed in U.S. Dollars (USD) unless otherwise specified.

3. Taxes and Additional Fees

  • Sales tax will be applied based on your location during checkout.
  • International orders may incur import duties, taxes, and fees, which are the responsibility of the customer.

4. Refunds and Adjustments

Refunds for returned or canceled orders will be processed in accordance with our Return and Refund Policy.

  • Refunds will be issued to the original payment method used.
  • Please allow 7-10 business days for the refund to reflect in your account.

5. Security of Payment Information

We prioritize your payment security by:

  • Using SSL encryption for secure transactions.
  • Adhering to PCI DSS (Payment Card Industry Data Security Standard) compliance.
  • Ensuring no payment details are stored without your explicit consent.

6. Failed or Declined Payments

If a payment is declined or fails:

  • The order will be placed on hold, and you will be notified immediately.
  • You must resolve the payment issue within 5 business days to avoid order cancellation.

7. Payment Disputes and Chargebacks

If you believe there is an error or unauthorized transaction:

  • Contact us immediately at support@freedomyachts.com or +1 (228) 555-9876.
  • Unauthorized chargebacks may result in suspension of services or legal action.

8. Changes to Payment Policy

We reserve the right to update this Payment Policy at any time. Any changes will take effect immediately upon posting, with the “Effective Date” updated accordingly.