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LATEST NEWS UPDATES | How is Google's GPay operating without authorisation, Delhi HC asks RBI </title>
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<h1 class="cat-box-title">How is Google's GPay operating without authorisation, Delhi HC asks RBI</h1>
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<div align="justify">-The Hindu<br /><br /><em>Petition says the entity did not figure in the list of ‘Payment System Operators’ authorised by the RBI<br /><br /></em>The Delhi High Court on Wednesday asked the Reserve Bank of India how could Google’s mobile payment app, Google Pay, operate in India as a payment transaction system without the requisite authorisation.<br /><br />A Bench of Chief Justice Rajendra Menon and Justice A.J. Bhambhani issued notice to the RBI and Google India on a petition seeking direction to the tech giant to immediately stop Google Pay services in India.<br /><br />The petition filed by Abhijit Mishra, who claims to be a financial economist, has said that Google Pay did not figure in the list of the ‘Payment System Operators’ authorised by the RBI.<br /><br /><em>Data storage<br /></em><br />It pointed out that the RBI’s April 2018 Master Circular on Storage of Payment System Data mandated that “all system providers shall ensure that the entire data relating to payment systems operated by them are stored in a system only in India.”<br /><br />“Google Pay, being an unregistered entity to the Payment and Settlement Systems Act 2007, is not in compliance with the requirements and the RBI’s Master Circular,” the petition said.<br /><br />The petition said Google Pay was using NPCI’s (National Payments Corporation of India) BHIM unified payments Interface (BHIM UPI) for money transfers.<br /><br />Please <a href="https://www.thehindu.com/business/Industry/how-is-googles-gpay-operating-without-authorisation-delhi-hc-asks-rbi/article26796388.ece?homepage=true&fbclid=IwAR20k4G_ewoxgm0pO23IgMy1fc4xy-cvkeg6skLBmlUj-bTA4IWEQOsl2hA" title="https://www.thehindu.com/business/Industry/how-is-googles-gpay-operating-without-authorisation-delhi-hc-asks-rbi/article26796388.ece?homepage=true&fbclid=IwAR20k4G_ewoxgm0pO23IgMy1fc4xy-cvkeg6skLBmlUj-bTA4IWEQOsl2hA">click here</a> to read more. <br /></div>
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<br><a href="https://www.thehindu.com/business/Industry/how-is-googles-gpay-operating-without-authorisation-delhi-hc-asks-rbi/article26796388.ece?homepage=true&fbclid=IwAR20k4G_ewoxg" class="re" target="_blank">The Hindu, 10 April, 2019, https://www.thehindu.com/business/Industry/how-is-googles-gpay-operating-without-authorisation-delhi-hc-asks-rbi/article26796388.ece?homepage=true&fbclid=IwAR20k4G_ewoxg</a><div class="clear"></div>
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<h1 class="cat-box-title">How is Google's GPay operating without authorisation, Delhi HC asks RBI</h1>
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<div align="justify">-The Hindu<br /><br /><em>Petition says the entity did not figure in the list of ‘Payment System Operators’ authorised by the RBI<br /><br /></em>The Delhi High Court on Wednesday asked the Reserve Bank of India how could Google’s mobile payment app, Google Pay, operate in India as a payment transaction system without the requisite authorisation.<br /><br />A Bench of Chief Justice Rajendra Menon and Justice A.J. Bhambhani issued notice to the RBI and Google India on a petition seeking direction to the tech giant to immediately stop Google Pay services in India.<br /><br />The petition filed by Abhijit Mishra, who claims to be a financial economist, has said that Google Pay did not figure in the list of the ‘Payment System Operators’ authorised by the RBI.<br /><br /><em>Data storage<br /></em><br />It pointed out that the RBI’s April 2018 Master Circular on Storage of Payment System Data mandated that “all system providers shall ensure that the entire data relating to payment systems operated by them are stored in a system only in India.”<br /><br />“Google Pay, being an unregistered entity to the Payment and Settlement Systems Act 2007, is not in compliance with the requirements and the RBI’s Master Circular,” the petition said.<br /><br />The petition said Google Pay was using NPCI’s (National Payments Corporation of India) BHIM unified payments Interface (BHIM UPI) for money transfers.<br /><br />Please <a href="https://www.thehindu.com/business/Industry/how-is-googles-gpay-operating-without-authorisation-delhi-hc-asks-rbi/article26796388.ece?homepage=true&fbclid=IwAR20k4G_ewoxgm0pO23IgMy1fc4xy-cvkeg6skLBmlUj-bTA4IWEQOsl2hA" title="https://www.thehindu.com/business/Industry/how-is-googles-gpay-operating-without-authorisation-delhi-hc-asks-rbi/article26796388.ece?homepage=true&fbclid=IwAR20k4G_ewoxgm0pO23IgMy1fc4xy-cvkeg6skLBmlUj-bTA4IWEQOsl2hA">click here</a> to read more. <br /></div>
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<br><a href="https://www.thehindu.com/business/Industry/how-is-googles-gpay-operating-without-authorisation-delhi-hc-asks-rbi/article26796388.ece?homepage=true&fbclid=IwAR20k4G_ewoxg" class="re" target="_blank">The Hindu, 10 April, 2019, https://www.thehindu.com/business/Industry/how-is-googles-gpay-operating-without-authorisation-delhi-hc-asks-rbi/article26796388.ece?homepage=true&fbclid=IwAR20k4G_ewoxg</a><div class="clear"></div>
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<h1 class="cat-box-title">How is Google's GPay operating without authorisation, Delhi HC asks RBI</h1>
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<div align="justify">-The Hindu<br /><br /><em>Petition says the entity did not figure in the list of ‘Payment System Operators’ authorised by the RBI<br /><br /></em>The Delhi High Court on Wednesday asked the Reserve Bank of India how could Google’s mobile payment app, Google Pay, operate in India as a payment transaction system without the requisite authorisation.<br /><br />A Bench of Chief Justice Rajendra Menon and Justice A.J. Bhambhani issued notice to the RBI and Google India on a petition seeking direction to the tech giant to immediately stop Google Pay services in India.<br /><br />The petition filed by Abhijit Mishra, who claims to be a financial economist, has said that Google Pay did not figure in the list of the ‘Payment System Operators’ authorised by the RBI.<br /><br /><em>Data storage<br /></em><br />It pointed out that the RBI’s April 2018 Master Circular on Storage of Payment System Data mandated that “all system providers shall ensure that the entire data relating to payment systems operated by them are stored in a system only in India.”<br /><br />“Google Pay, being an unregistered entity to the Payment and Settlement Systems Act 2007, is not in compliance with the requirements and the RBI’s Master Circular,” the petition said.<br /><br />The petition said Google Pay was using NPCI’s (National Payments Corporation of India) BHIM unified payments Interface (BHIM UPI) for money transfers.<br /><br />Please <a href="https://www.thehindu.com/business/Industry/how-is-googles-gpay-operating-without-authorisation-delhi-hc-asks-rbi/article26796388.ece?homepage=true&fbclid=IwAR20k4G_ewoxgm0pO23IgMy1fc4xy-cvkeg6skLBmlUj-bTA4IWEQOsl2hA" title="https://www.thehindu.com/business/Industry/how-is-googles-gpay-operating-without-authorisation-delhi-hc-asks-rbi/article26796388.ece?homepage=true&fbclid=IwAR20k4G_ewoxgm0pO23IgMy1fc4xy-cvkeg6skLBmlUj-bTA4IWEQOsl2hA">click here</a> to read more. <br /></div>
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<br><a href="https://www.thehindu.com/business/Industry/how-is-googles-gpay-operating-without-authorisation-delhi-hc-asks-rbi/article26796388.ece?homepage=true&fbclid=IwAR20k4G_ewoxg" class="re" target="_blank">The Hindu, 10 April, 2019, https://www.thehindu.com/business/Industry/how-is-googles-gpay-operating-without-authorisation-delhi-hc-asks-rbi/article26796388.ece?homepage=true&fbclid=IwAR20k4G_ewoxg</a><div class="clear"></div>
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LATEST NEWS UPDATES | How is Google's GPay operating without authorisation, Delhi HC asks RBI
How is Google's GPay operating without authorisation, Delhi HC asks RBI
Published on Apr 12, 2019
Modified on Apr 12, 2019
-The Hindu
Petition says the entity did not figure in the list of ‘Payment System Operators’ authorised by the RBI
The Delhi High Court on Wednesday asked the Reserve Bank of India how could Google’s mobile payment app, Google Pay, operate in India as a payment transaction system without the requisite authorisation.
A Bench of Chief Justice Rajendra Menon and Justice A.J. Bhambhani issued notice to the RBI and Google India on a petition seeking direction to the tech giant to immediately stop Google Pay services in India.
The petition filed by Abhijit Mishra, who claims to be a financial economist, has said that Google Pay did not figure in the list of the ‘Payment System Operators’ authorised by the RBI.
Data storage
It pointed out that the RBI’s April 2018 Master Circular on Storage of Payment System Data mandated that “all system providers shall ensure that the entire data relating to payment systems operated by them are stored in a system only in India.”
“Google Pay, being an unregistered entity to the Payment and Settlement Systems Act 2007, is not in compliance with the requirements and the RBI’s Master Circular,” the petition said.
The petition said Google Pay was using NPCI’s (National Payments Corporation of India) BHIM unified payments Interface (BHIM UPI) for money transfers.
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