The Delhi Excessive Court docket on Monday sought the response of the Central authorities, the Reserve Financial institution of India (RBI) and others on a petition in search of motion in opposition to UPI fee app Google Pay for allegedly violating RBI pointers associated to knowledge localisation, storage and sharing norms.
A division bench of Chief Justice D.N. Patel and Justice Prateek Jalan issued discover to the Centre and all different respondents and slated the matter for additional listening to on September 24.
The petition filed by Abhishek Sharma sought the court docket’s path to Google India Digital Service Pvt Ltd to provide an enterprise that it’s going to not retailer knowledge on its app below UPI ecosystem and in addition that it’s going to not share the identical with any third occasion, together with its holding or father or mother firm.
The plea has additionally sought path to the RBI to take motion in opposition to the agency on account of its critical violations of relevant legal guidelines.
“Google India launched ‘Tez’, a cell funds service focused at customers in India which later folded into the brand new ‘Google Pay’ app. ‘Google Pay’ is a 3rd occasion app which facilitates fee within the UPI ecosystem and is ready to do the identical by partnering with numerous PSP/acquirer banks,” the plea mentioned.
Sharma, in his petition, additional claimed that Google Pay can be violating the UPI procedural pointers by sharing private delicate person knowledge which is incomplete breach of binding regulatory pointers.
“The procedural pointers governing ‘Google Pay’ prohibit sharing of person knowledge by TPA and forged a selected legal responsibility on the PSP banks to make sure that no such knowledge is shared by TPA in contravention to the relevant norms and regulation,” the plea mentioned.