Author Payment & Refund Policy

1. Revenue Share

When readers purchase your books on Booklyverse, you earn 80% of the sale price. Booklyverse retains 20% as a platform fee to cover payment processing, hosting, and platform services.

2. How You Get Paid

2.1 Royalty Payments

Booklyverse pays author royalties via ACH bank transfer. When you add your bank account, your accrued royalties are paid out on a regular schedule (typically arriving within 3-5 business days of each payout).

2.2 Payout Thresholds

Royalties accrue in your Booklyverse account as sales are made. Once you reach the $10 minimum threshold and have added your bank account, you can request a payout from your Earnings dashboard.

3. Refund Policy & Author Impact

3.1 Reader Refund Rights

Booklyverse offers readers a 14-day refund window for digital book purchases. Refunds may be issued for:

• •Technical issues preventing access to purchased content
• •Duplicate purchases
• •Unauthorized transactions
• •Content substantially different from its description

3.2 How Refunds Affect Your Earnings

3.3 Balance Recovery

If a refund occurs after funds have been transferred to your bank account:

1. Automatic recovery: Booklyverse will deduct your share of the refund from your accrued royalty balance.
2. Negative balance: If your royalty balance is insufficient, it may go negative. The amount will be recovered from your future sales until the balance is restored.
3. No out-of-pocket payment: You are never required to make a direct payment to cover refunds. Recovery happens exclusively through adjustments to future earnings.

4. Disputes & Chargebacks

If a reader disputes a charge with their bank (a "chargeback"), the same recovery process applies. Additionally:

• •Chargebacks may incur fees assessed by payment processors
• •Booklyverse reserves the right to recover chargeback fees from author earnings in cases of repeated or fraudulent activity
• •We will notify you of any disputes and provide transaction details

5. Transparency & Reporting

Your Earnings dashboard displays:

• •All sales with their current status
• •Refunded transactions (clearly marked)
• •Your available balance after refund adjustments
• •Complete payout history with downloadable receipts
• •Annual tax reports for your records

You will be notified via email and/or dashboard notification when a refund is processed, when your balance is adjusted, or when a chargeback or dispute is filed.

6. Third-Party Processor Liability

Booklyverse is not liable for delays or withholding of funds caused by third-party payment processors or banking partners. Authors agree that payouts are subject to successful processor settlement, compliance review, KYC verification, and transfer availability.

7. Fraud Prevention & Account Holds

Booklyverse reserves the right to temporarily suspend payouts if fraudulent activity, chargeback abuse, unusual transaction patterns, or policy violations are detected. Funds will remain secured and released once verification is complete. This protective measure maintains financial integrity for all authors on the platform.

8. Policy Acknowledgment

By publishing on Booklyverse and receiving payments through our platform, you acknowledge and agree that:

• •Your earnings are subject to adjustment for refunds and chargebacks
• •Refund recovery may occur automatically from your connected payment account
• •Negative balances may be offset against future earnings
• •This policy applies regardless of when the original sale occurred

9. Changes to This Policy

Booklyverse reserves the right to modify this policy at any time. Changes will take effect immediately upon publication in the Platform's Legal Center unless otherwise stated. Continued use of the platform constitutes acceptance of the revised terms.

10. Questions?

If you have questions about a specific refund or your earnings balance, contact us at authors@booklyverse.com or visit our Author Help Center.