The Delhi High Court on August 24 issued notice to the government, the Reserve Bank of India (RBI) and others on a plea seeking action against Google Pay for allegedly violating the central bank's guidelines related to data localisation, storage and sharing norms. The plea sought directions to Google India Digital Service to give an undertaking to not store data on its app under UPI ecosystem and further not to share the same with any third party, including its holding or parent company.
Google India launched, ''Tez'', a mobile payments service targeted at users in India which later folded into the new ''Google Pay'' app.
This story is from the September - October 2020 edition of Business Sphere.
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This story is from the September - October 2020 edition of Business Sphere.
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