Microsoft OneDrive for business (Plan 1) is an integral part of Office 365 and provides a place in the cloud where you can store, share, and sync your work files. You can update and share your files from any device with OneDrive for Business. You can even work on Office documents with others at the same time.
Subscription billing terms
Microsoft New Commerce Experience (NCE) products allow you to choose among the following options for subscription terms:
- Monthly terms, available at a 20% premium over MSRP.
- Annual, paid monthly
- Annual, paid upfront
Both Annual options require an annual commitment, with no reduction in license quantities allowed over the length of the term. After purchase, you have 168 hours (7 days) to make license reductions before being locked into the commitment term.
New Cancellation Policy
A new 168 hour (7 days) cancellation policy is now in effect for new subscriptions of Microsoft NCE SKUs. A full refund will be issued if cancelled on day one, while partial, pro-rated refunds will be issued for cancellations on days two through seven.