Refund Policy
Last updated: September 2026
1. Nature of the service
Foltum Studio is a digital service. Subscriptions and credits are delivered instantly and electronically after payment, and credits are consumed the moment they are used to generate video content. This Refund Policy explains when a refund is possible, what is non-refundable, and how to request a refund.
2. When a refund is possible
A refund can be requested in the following cases:
- A failed or erroneous transaction — for example, you were charged but the subscription or credits were not added to your account.
- A technical failure on our side that prevented the delivery of the paid service and that we are unable to resolve.
- A duplicate payment for the same order (the duplicate amount is refunded).
- An unused, recently purchased credits package or subscription, where none of the paid credits have been consumed, requested within 14 days of the purchase.
3. What is non-refundable
Credits that have already been consumed (used to generate content) and the corresponding generated content are non-refundable, because the digital service has already been delivered and rendered. Once a generation has been produced using credits, that portion of the payment cannot be returned.
4. Refund procedure
To request a refund:
- Contact us at support@foltum-studio.com with your account email, the transaction date and amount, and the reason for the refund.
- We review the request and respond within 3 business days. We may ask for additional details to confirm the transaction.
- If the refund is approved, it is processed back to the original payment method used for the purchase (bank card, Apple Pay, or Google Pay) through our payment provider, WayForPay.
- Approved refunds are typically issued within 7 business days. The time for the funds to appear on your statement depends on your bank or card issuer.
5. Chargebacks and cancellations
If you believe a transaction is incorrect, please contact us first at support@foltum-studio.com so we can resolve it quickly. A recurring subscription can be cancelled at any time; the cancellation stops future renewals, while access remains active until the end of the already-paid period.
6. Merchant details
Merchant details
- Legal entity
- Individual Entrepreneur Moshkivskyi Vitalii (ФОП / FOP)
- Tax ID
- [IPN / EDRPOU: ____________]
- Legal address
- Kharkiv, vul. Svitla 6, Ukraine
- Actual address
- Kharkiv, vul. Svitla 6, Ukraine
- Phone
- [Phone: +380 __ ___ __ __]