Thank you for your interest in Assurd Techlabs (OPC) Private Limited ("Assurd," "we," "our," or "us"). Assurd operates India's first trusted intermediary marketplace for "lab-certified" pre-owned electronics. This Privacy Notice explains how information about you, that directly identifies you, or that makes you identifiable ("personal information") is collected, used, and disclosed by Assurd in connection with our website at assurd.in (the "Site") and our certification services (collectively, the "Service").
1. Collection of Information
We collect information you provide directly to us. For example, we collect information when you create an account, purchase a certified product, fill out a form, or communicate with us. The types of personal information we may collect include your name, email address, postal address, phone number, and transaction history.
2. Financial Data & Nodal Accounts
To comply with Reserve Bank of India (RBI) guidelines regarding marketplace intermediaries, Assurd does not store your funds directly in its operating accounts during a transaction.
- Payment Flow: Your payments are processed securely through our payment gateway partners and held in an RBI-compliant Escrow/Nodal Account.
- Settlement: Funds are only released to the third-party Seller (minus our service fee) after we have confirmed the successful delivery of your product.
- Data Security: We do not store your raw credit card, debit card, or net banking credentials on our servers. All financial processing is handled by PCI-DSS compliant providers.
3. Use of Information
We use the information we collect to:
- Process your transactions and send related information, including confirmations and invoices.
- Verify your identity to prevent fraud and ensure the security of the marketplace.
- Send you technical notices, updates, security alerts, and support and administrative messages.
4. Contact Us
If you have any questions about this Privacy Policy, please contact us at: