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Billing Terms & Conditions

Transparent payments, predictable billing and bank-grade security on every TESMAG order — written plainly so there are no surprises at checkout.

Last updated May 18, 2026

PROCESSOR

PCI-DSS L1

ENCRYPTION

256-bit TLS

REFUNDS

5–10 days

01

Billing Overview

These Billing Terms govern how TESMAG processes payments, issues refunds, and handles disputes on every order placed through our store. By completing a purchase you accept the conditions outlined below in addition to our general Terms of Service.

All charges appear on your statement as TESMAG* followed by the order reference number so they are easy to reconcile.

02

Accepted Payment Methods

Visa, Mastercard, American Express, Discover, JCB and UnionPay.
Apple Pay, Google Pay and Shop Pay for one-tap checkout.
PayPal and Klarna for split or deferred payments where eligible.
TESMAG Wallet balance for store credit and referral rewards.
Bank transfer (ACH / SEPA) for fleet and B2B orders above $2,500.

Currency & conversion

All prices are displayed and charged in USD. If your card is issued in another currency your bank may apply a conversion rate and a small foreign-transaction fee.

03

Billing Cycles & Subscriptions

One-time orders are billed in full at the moment of checkout. Subscription items — such as our Care Plan or auto-replenished consumables — are billed on the same day of each cycle until you cancel.

You can manage, pause or cancel any subscription at any time from your account dashboard. Cancellations take effect at the end of the current paid period.

04

Failed & Declined Payments

If a charge is declined we will automatically retry up to three times over five days. You will receive an email each time a retry occurs so you can update your payment method if needed.

Orders unpaid after the final retry are cancelled and any reserved stock is released.

05

Refunds

Approved refunds are issued to the original payment method within 5–10 business days. Wallet refunds are credited instantly.

Refunds are calculated on the product price excluding original shipping fees.
Restocking fees up to 10% may apply on oversized or custom accessories.
Promotional credits and discount codes are not refundable as cash.
06

Taxes & Duties

Applicable sales tax, VAT or GST is calculated and displayed at checkout based on your shipping destination. International orders may incur import duties collected by your local carrier on delivery — these are the customer's responsibility.

Tax-exempt orders

Resellers and registered fleet customers can upload a valid exemption certificate from their account to remove sales tax on future orders.

07

TESMAG Wallet Payments

Your Wallet stores store credit, referral rewards and approved refunds. Funds never expire and can be applied to any future order at checkout.

Wallet balances are non-transferable and cannot be withdrawn as cash, but unused balances remain available indefinitely on your account.

08

Fraud Prevention

Every transaction is screened by our risk engine in partnership with our payment processors. High-risk orders may be paused for manual verification — we may request additional information such as a billing confirmation or photo ID for high-value orders.

09

Transaction Security

256-bit TLS encryption across the entire checkout flow.
PCI-DSS Level 1 compliant payment processing — we never store raw card data.
3-D Secure 2 (Verified by Visa, Mastercard SecureCode) on supported cards.
Automatic anomaly detection on every login and order.
10

Chargebacks & Dispute Resolution

If something is wrong with your order, please contact our support team first — we resolve more than 95% of issues within 24 hours without ever needing to involve your bank.

Filing a chargeback before contacting support may delay resolution and could result in your account being temporarily suspended pending the bank's review.

We've got your back

Every TESMAG purchase is covered by our Concierge Guarantee — if we can't make it right, we'll refund every cent.

11

Billing Contact

Questions about a charge, an invoice or a refund? Email support@teslainvestmentcompany.com or open a ticket from your account — our finance team replies within one business day.

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