Tag: upi
Exuberantly Celebrating PIB’s Glorious Centennial Milestone
PIB: The Press Information Bureau, the primary agency of the Indian government responsible for disseminating information, recently celebrated its centennial anniversary. Established in June...
RBI tells Supreme Court: WhatsApp cannot do Payment Business
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).