WebCosmos MarketWebCosmos

Compliance Disclosure

Regulatory, tax, and payment standards adhered to by WebCosmos Market.

1. Razorpay Route KYC Requirements

All sellers must complete Razorpay Route onboarding before listings go live. Mandatory documents include:

  • Active Razorpay Account ID mapped to WebCosmos Market settlements.
  • PAN (individual or business), GSTIN, and address proof.
  • Bank account verification with cancelled cheque and IFSC details.
  • Authorized signatory validation and digital signature acceptance.

Razorpay Route monitors settlements for AML and RBI PMLA compliance. Non-compliant sellers may be suspended until deficiencies are rectified.

2. PCI DSS & Payment Certification

WebCosmos Market leverages Razorpay's PCI DSS Level 1 certified payment infrastructure. We do not store cardholder data on our servers. All checkout sessions are tokenized and handled within Razorpay's secure iFrame.

  • Quarterly vulnerability scans and annual penetration tests.
  • Dedicated webhook verification keys rotated every 90 days.
  • Incident response runbooks aligned with PCI DSS Req. 12.

3. GST Compliance & Invoicing

RAFAELI CONNECTING INDIA PRIVATE LIMITED is registered under GSTIN 29ABCDE1234F2Z5. Every sale on WebCosmos Market is invoiced with the applicable IGST/CGST/SGST split, and GST returns reconcile Razorpay settlement reports.

  • GST categorized as OIDAR services for cross-border digital goods.
  • Automated e-invoice generation for B2B transactions exceeding statutory limits.
  • Input tax credit tracked for platform service fees.

4. Corporate Identity & CIN

WebCosmos Market operates under the following registered entity:

  • Company Name: RAFAELI CONNECTING INDIA PRIVATE LIMITED
  • CIN: U24319TN2022PTC153102
  • Registered Address: No. 71, Appar Street, Thiruvalleswarar Nagar, Thirumangalam, Anna Nagar (Chennai), Egmore Nungambakkam, Chennai – 600040, Tamil Nadu, India
  • Contact: Rafael@WebCosmos.in | +91 78457 75447

5. Historical Name Disclosure (MCA Rule 29)

In accordance with the Companies (Incorporation) Rules, Rule 29, we disclose that RAFAELI CONNECTING INDIA PRIVATE LIMITED previously operated under the name WEB COSMOS ENTERTAINMENT PRIVATE LIMITED. The change has been notified to the Ministry of Corporate Affairs and reflected across bank accounts, Razorpay profiles, and GST registrations.

6. Banking & Payment Security Statement

Settlements are executed exclusively through Razorpay-backed nodal accounts. Funds are released to sellers only after automated fraud controls, PAN validation, and GSTIN checks pass. Banking partners enforce AML screening, and suspicious activities are escalated to the Financial Intelligence Unit of India when required.

Buyers can verify Razorpay's trust badges displayed in the footer, confirming PCI DSS adherence, encrypted checkout, and dispute management coverage.