Web hosting accounts are set up instantly as soon as setup process has been completed you will recieve via email your web hosting access details. Payments can be made either by debit or credit card, there is also the option to make payment by PayPal. Full access is granted once payment has been made.
If for any reason you want to cancel your web hosting account you can terminate the web hosting account from within your account login. There are no cancelation fees incured and you can cancel at anytime.
When purchasing domain names these will always be registered in your name and you will recieve the UDAI code upon payment to transfer to another service if you so wish.