Each membership has its own terms and conditions, which customers can view before they purchase. You can update the terms on any membership at any time directly from the membership's page in your dashboard.

You edit the terms and conditions from the membership itself. To find and edit them, head to Memberships ➜ click the desired membership ➜ click Edit beside the terms and conditions you would like to update.
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Edit the text field as required, then save your changes.