Legal & Billing

Refund Policy

Last updated: May 12, 2026
Applies to all Urentium accounts
Please read carefully. At Urentium, we provide the tools to facilitate rental management and financial transactions. Because our platform handles both software subscriptions and third-party rental payments, separate rules apply to each.
01
Software Subscriptions (Landlords)
Hobbyist · Growth · Professional · Enterprise

All Urentium subscription fees — whether billed monthly or annually — are non-refundable.

  • Once a billing cycle begins, we do not provide pro-rated refunds or credits for unused time within that period.
  • Downgrading your plan mid-cycle does not entitle you to a partial refund for the difference.
  • You may cancel your subscription at any time. Cancellation prevents future billing and you retain full access to your dashboard until the end of your current paid period.
  • Annual plans are billed for the full year upfront. No refunds will be issued if you cancel before the year ends.
Exception: If a billing error is demonstrably caused by a technical fault on Urentium's side (e.g., duplicate charge), please contact us at [email protected] within 14 days and we will investigate and correct it.
02
Rental Payments (Tenants)
Rent · Utilities · Tenant-initiated payments

Urentium is a technology provider, not a property manager or party to any lease agreement. We facilitate payment collection on behalf of landlords.

  • No Direct Refunds: Urentium does not issue refunds for rent, utilities, or any other tenant-initiated payments processed through the platform.
  • Dispute Resolution: If you believe a payment was made in error or a refund is owed, you must contact your Landlord directly. Any return of funds is at the sole discretion of the Landlord.
  • Any refund agreed upon between Landlord and Tenant must be handled outside of the Urentium platform billing system.
03
Non-Refundable Processing Fees
Credit card fees · Bank transfer fees · Gateway charges

In the event that a Landlord chooses to refund a Tenant, the following applies to third-party payment processing costs.

  • Transaction fees charged by our payment processors (e.g., Xendit, FPX, credit card networks) are consumed at the moment of the original transaction and are not recoverable.
  • If a Landlord issues a refund, the original processing fee will not be returned to either the Landlord or the Tenant.
  • The platform disbursement fee of RM7 per disbursement cycle is also non-refundable once a disbursement has been processed.
This policy is consistent with standard industry practice. Urentium does not profit from processing fees — they are passed directly to the payment gateway provider.
04
Security Deposits
Collection · Holding · Return

The collection, holding, and return of security deposits are governed strictly by the individual Tenancy Agreement and applicable Malaysian housing laws (e.g., Akta Penyewa 1966, where applicable).

  • Landlord Responsibility: The Landlord assumes 100% responsibility for the legal handling and eventual return of security deposits in accordance with the signed Tenancy Agreement.
  • Exclusion of Liability: Urentium does not hold security deposits in escrow and is not liable for any disputes, delays, or failures regarding the return of these funds.
  • Deposit disputes between Landlords and Tenants must be resolved directly between the parties or through the appropriate legal channels in Malaysia.
Tip for Landlords: Always issue a signed deposit receipt and keep a record of the unit's condition at move-in and move-out. Urentium's internal notes and tenancy records can serve as supporting documentation.
05
Chargebacks & Payment Disputes
Bank-initiated reversals

If a Tenant initiates a chargeback or payment reversal with their bank or card issuer without first attempting to resolve the issue through the Landlord, the following applies:

  • Urentium will cooperate fully with the payment processor's investigation and provide all available transaction records.
  • Accounts associated with fraudulent chargebacks may be suspended or permanently banned from the platform.
  • Any chargeback fees imposed by the payment gateway will be passed on to the account responsible for the dispute.
06
Contact & Policy Changes
Questions · Updates · Amendments

If you have questions about this Refund Policy, please contact us:

We reserve the right to amend this Refund Policy at any time. Material changes will be communicated via email to registered account holders at least 14 days before taking effect. Continued use of the platform after the effective date constitutes acceptance of the revised policy.