Maicrosys Logo
MAICROSYS Pte Ltd • Singapore
Back to Home
Compliance Policy

Refund & Cancellation Policy

Last Updated: August 2026

This Refund & Cancellation Policy governs financial transactions and billing arrangements with Maicrosys Pte. Ltd. (UEN: 202506716E), a company incorporated under the laws of Singapore, including subscriptions to our proprietary SaaS platform iVendGold (https://ivendgold.com) and custom software development services.

1 SaaS Subscription & Free Trial Terms

  • 1-Week Free Trial: iVendGold offers a complimentary 1-week free trial for automated retail telemetry and vending machine management. No charges are billed during the active free trial period.
  • Pre-Expiry Notification: Customers receive automated reminders prior to trial expiration detailing plan options and billing rates.
  • Monthly SaaS Billing: Following the free trial, subscriptions renew monthly based on active connected machines. Subscriptions may be canceled at any time prior to the next billing cycle.

2 Refund Eligibility Window

We strive for 100% customer satisfaction. If you encounter technical issues or service discrepancies with our SaaS platforms, refund requests are evaluated as follows:

  • 7-Day Billing Refund Window: Subscription charges billed due to unexpected renewal may be requested for full refund within seven (7) calendar days of transaction processing.
  • Service Interruption Credit: In the event of catastrophic server downtime exceeding SLA limits, pro-rated service credits or refunds will be issued upon request.
  • Non-Refundable Periods: Unused portions of past billing cycles where service was fully accessible are non-refundable.

3 Custom Software Development & Consulting

For bespoke enterprise development projects, milestone deposits and payment schedules are specified in individual Statements of Work (SOW). Unearned deposits prior to project kick-off are refundable upon written request. Once project milestones are accepted and approved by the client, milestone payments become non-refundable.

Security & Merchant of Record (MoR) Notice

🔒 Payments are processed securely via 256-bit encrypted, PCI-DSS Level 1 compliant gateways. Maicrosys Pte. Ltd. is the registered Merchant of Record (MoR) for global transactions.

4 Requesting Refund or Billing Support

To submit a refund request or clarify billing charges, please reach out to our billing support team with your transaction reference number:

Entity Name: Maicrosys Pte. Ltd.

Singapore UEN: 202506716E

Registered Physical Address: Blk 9B #07-25, Pasir Ris Drive 4, Singapore 519464

Billing Support Email: admin@maicrosys.com

Phone / WhatsApp: +65 94560420