1 | Standard Process | Unless otherwise specifically provided under this Policy or the FastSELLER Term of Service, the process for refund or exchange of products shall be as follows: - the FastBUYER submits request for refund or exchange of product (Return and Refund or Exchange) through FASTENTIX Apps;
- the FastSELLER will receive notification from FastBUYER for acknowledgement on the request;
- the Fastentix Operation Team must attend towards request within three (3) hours from the request timestamp;
- the FastSELLER must respond and provide full commitment through out the proces;
- the FastBUYER returns the product to the FastSELLER; (if any)
- the FastSELLER shall assess and review the product returned; (if any)
- based on the condition of the product returned, the FastSELLER may raise a dispute upon the request shall any dissatisfactory on the returned item and intended to reject the request for refund or exchange of the product;
- the FastSELLER must deliver and/or ship out the new product and/or item to the FastBUYER upon approved return and exchange request; (if any)
- the system will immediately initiated the refund upon approved return and refund request; (if any)
- The CFO will be notified on the refund for the financial assessment and reports; (if any)
| Any agreement and/or deal between FastBUYER and FastSELLER that occurs outsidethe Fastentix App absolves the Company of responsibility for any risks and losses incurred by either party. It is at their own risks to engage in such actions. |
2 | Submission of Request | - At first occurrence, FastBUYER shall submit their request for return and refund or exchange directly via Fastentix Apps within 24 hours upon product delivered.
- The FastBUYER is compulsory to submit all evidence to support the request through the channel above. The evidence shall include such information as pictorial proof (packaging/item damages, photo of all items received), video if any of the damaged/broken item purchased or incomplete order and such other information that will be necessary for the processing of such request.
- The processing of the request might be delayed in the event of the FastBUYER does not wish to provide any evidence, or where the FastBUYER provides insufficient evidence to support the request.
| The FastSELLER and/or the Company shall have no legal obligation to entertain or attend any request if the FastBUYER is unable and/or refuses to provide evidence to support the request.
This policy is only valid for any communication regarding the request made within the apps and through the Fastentix Operation Team.
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3 | Time Restriction for Request Submission | A FastBUYER must submit the request within the time limits set out as followed: Status and Type of Product | Time Interval Applicable |
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a) Product Successfully Delivered | for products that fall under discount, sale promotion, and other special promotions as declared by the Company | Within 24 hours or one (1) day from the Received Date | all other Products | b) Product Not Delivered | After 14 business days or two (2) weeks from the Payment Date |
For the purpose of this Section C.3 and this Policy: - "Payment Date" shall refer to the date of payment was made for the purchases;
- "Received Date" shall refer to the date of completion of the sale after product been delivered and purchase transaction of a product as recorded and stated on the Fastentix Apps.
| The FastSELLER and/or Company shall have no legal obligation to entertain any request where the request is submitted beyond the time periods stated in Section C.3 |
4 | Raise a Dispute from the FastBUYER or FastSELLER | - Upon notification of the request, the PIC of the Operation Team shall contact the FastBUYER and/or FastSELLER within 3 hours from the request timestamp, and the:
- FastBUYER shall respond towards PIC of the Operation Team within 24 hours;
- FastSELLER shall respond towards PIC of the Operation Team within 48 hours;
- Any dissatisfactory and inteded to reject the request, either both parties may raise a dispute to decline the proposed solution to the Operation Team.
- If either both parties declines the request and/or resolution method, they must provide the PIC of the Operation Team with all required documents and/or strong evidence to support such rejection.
This allows the Operation Team to justify the dispute. - Any rejection by the FastBUYER and/or FastSELLER shall nonetheless be subject to the FastBUYER and/or FastSELLER Term of Service, and the Company may override the FastBUYER and/or FastSELLER's decision if it deems that the FastBUYER and/or FastSELLER's rejection is unreasonable.
| The Company shall have no legal obligation to entertain any request where the request is submitted beyond the response time stated in Section C.4. |
5 | Category of Refund Request by FastBUYER to FastSELLER
| Upon confirmation of request acceptance for refund or exchange pursuant to Section C.4 above, the involved parties shall, within 24 hours, arrange for the return of the product delivered using both SDD and/or courier service provider as follows: - Non-Receive Product Claim
A non-receive claim is issued against the FastSeller when FastBuyer did not receive the item. In such cases, FastBuyer shall need to provide any conversation proof or any screen capture of purchased detail while they raise this case.
On the other hand, FastSeller is advised to provide proof as per below to allow Fastentix to check with the courier service provider on the current tracking status:
- Formal shipping proof (i.e. delivery receipt and tracking number if any)
- Photo of the parcel package / information, including information of delivery company, tracking number, FastSeller’s and FastBuyer’s name, contact number and shipping address.
- Chat history or any other evidence showing prior negotiation.
- Product Defective or Not Conformity with Specifications
FastBUYER shall provide required evidence that is need to support the claims:
- Pictorial proof (Packaging box damages, physical item damages, consignment note of item received, picture of all item received in the parcel)
- Video proof (Malfunction item)
- Chat history or any other evidence showing prior negotiation with the FastSeller
- FastSeller agrees with the return request but did not receive the product(s)
- The FastSELLER requires to arrange for pick-up or ship out the product from the FastBUYER at FastSELLER's own cost and expense (unless FastSELLER waives the requirement for the product to be returned for the FastBUYER to claim for refund or exchange).
- Unsuccessful Return to FastSELLER
If a delivery of the returned product to the FastSELLER is failed due to reasons that include but is not limited to incomplete/incorrect addressor loss of contact with the FastSELLER, Fastentix may:
- upon request by the FastBUYER, pick up or deliver the returned product from the FastBUYER within three (3) business days of the FastBUYER's request; or
- request the FastBUYER to send the returned product to the FastSELLER’s warehouse.
- Where the FastSELLER remains uncontactable within Fourteen (14) business days of the product pick-up or return to the warehouse, the Company shall be entitled to permanently dispose of the product with all costs for pick-up and disposal to be borne by the FastSELLER.
| The FastSELLER and/or the Company shall have no legal obligation to entertain any request where the FastBUYER fails to return the product.
Where attempts to reach the FastBUYER regarding the return of the product remain unsuccessful more than 24 hours from the timestamp on which the FastBUYER submitted the request, the FastBUYER shall be deemed to have withdrawn its request and the Company may take all such necessary action, including releasing any deferred settlement amount to the system. |
6 | Review of Returned Product | - FastSELLER Review and Assessment
Upon receipt of the returned product from the FastBUYER, within 24 hours, the FastSELLER shall review and check the same to assess whether it is in an acceptable and saleable condition for refund or exchange. The FastSELLER is entitled to reject the refund or exchange of a product that:
- has been consumed or is showing excessive wear and tear for the period of use;
- has been used in a manner not fit for its purpose;
- has torn or dirty packaging; and/or
- is no longer in working condition.
- Delay of Decision by FastSELLER
The FastSELLER may delay the decision on the return or exchange of a product in the event that:
- the delivery fee for returning the product is still owing by the FastBUYER (where FastBUYER is liable for such fee) to the Company and/or third party (as the case may be); and/or
- any free gift included with the product has still not been returned by the FastBUYER;
- Provided always that the FastSELLER shall update the Operation Team on the delay and to provide a timeline within which the FastSELLER's decision on the request by the FastBUYER for the said return or exchange of the product will be submitted. The Company reserves the right to take any such action necessary to address and resolve the FastBUYER's claim if the timeline stated by the FastSELLER is, in the Company's view, unreasonable.
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7 | Final Decision on Refund or Exchange
| Once the assessment and review of the product is completed pursuant to Section C.7, the FastSELLER shall provide a final decision to the Operation Team which either agreed or to dispute the request to exchange or refund of the product no later than 48 hours from the receipt of the returned product from the FastBUYER pursuant to Section C.5 above or by any revised timeline pursuant to Section C.6(b).
In the case of: - agreed on exchange of the product, the FastSELLER shall deliver the new product to the FastBUYER promptly;
- agreed on refund of the product, the system shall refund the purchase price to the FastBUYER, which shall be carried out by the Company deducting the purchase price from the FastSELLER's deferred settlement amount or such other method as the Company deems fit.
| Any decisions are solely at the discretion of the Operation Team. |
8 | Automatic Acceptance for Non-Response by FastBUYER or FastSELLER
| In the event that: - the FastBUYER and/or FastSELLER does not respond to the Operation Team towards refund or exchange of product (prior to return of product to the FastSELLER) within the period set out in Section C.4 above; or
- where the FastSELLER does not raise any dispute to against the FastBUYER’s request to refund or exchange of a product within the period set out in Section C.7 above;
It shall be deemed that any decision make by the Operation Team has been accepted and the Company will immediately proceed with the refund or exchange process. | |
9 | Costs for Return of Products | The costs for the return of products shall be borne as follows: - Defective/Non-Compliant Product
Where a product is returned due to:
- the product being defective; and/or
- the product is not complying with description or criteria on the product page, the FastSELLER shall bear the costs for such return
- Delay in Delivery
Where the product is returned due to an unreasonable delay in delivery of the product over and above the FastSELLER Service Level then prevailing, the FastSELLER shall bear the costs for such return.
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10 | Method of Refund | The payment of refunds ("refund amount") under this policy shall be effected as follows: | Type of Payment | Method of Refund |
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a) | Credit Card | Credit card transaction shall be cancelled and refund amount is excluding 2% of checkout payment shall be transferred to the FastentixWallet. | b) | Online Banking | Refund amount is excluding RM2.00 of checkout payment shall be transferred into the FastentixWallet. | c) | E-Wallet (Touch&Go, Boost, GrabPay) | Refund amount shall be creditted into FastentixWallet. | d) | Fastentix Wallet | Refund amount shall be creditted into FastentixWallet. |
| The methods of refund stated in this Section C.10 shall be subject to such further rules and processes as might be imposed by the Company from time to time. |
11 | Partial Refund | - Circumstances Where Partial Refund May be Allowed
Where:-
- a FastBUYER purchases several products in one order or single receipt, but the FastSELLER has failed to deliver the products in full resulting in one or more products is not being included in the delivery; or
- FastSELLER delivers a products to a FastBUYER with missing items or parts; or
- a FastSELLER delivers a products to a FastBUYER with a missing free gift despite advertising the same on the products page, the FastBUYER may optional for a partial refund in respect of such non-delivered products or missing items.
- Refund in respect of the non-delivered products or missing items as well as the return shipping fee in respect of the same (if applicable) shall be deducted from the settlement amount.
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