Tag: npci

RBI has told Supreme Court that WhatsApp cannot start their payment business in India. This came as a result of WhatsApp non-compliance with the data localization norm. At present, they are battling the Israeli Spygate (Pegasus) controversy in India. RBI stated that WhatsApp which is owned by Facebook is not following the data localization norm and it has asked National Payments Corporation of India (NPCI) to not launch the WhatsApp payments on Unified Payments Interface (UPI).