This analysis describes what Ledger's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
How other platforms handle this
If you reside in Japan and are classified as a "consumer" under the Consumer Contract Act...Whatnot will refund any refundable amounts, other than those relating to the payment delay that directly resulted in the account termination.
we shall reimburse to you all payments received from you...without undue delay and in any event not later than 14 days from the day on which we are informed of your decision to withdraw from this Agreement. We will carry out such reimbursement using the same means of payment as you used for the init...
If your reservation via the App is rejected after your request, you'll receive the applicable refund assuming your payment method was actually charged.
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"We will make the refund using the same payment method you used for the original transaction unless you and us explicitly agree to a different method; in any case, this refund will not incur any costs for you.— Excerpt from Ledger's Ledger Terms of Sale
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The clause states: “We will make the refund using the same payment method you used for the original transaction unless you and us explicitly agree to a different method; in any case, this refund will not incur any costs for you.”
ConductAtlas has identified this type of provision across 177 platforms. See the full comparison.
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