Delhi High Court (HC) today (10 April) asked the Reserve Bank of India (RBI) as to how Google’s mobile payments service Google Pay (GPay) was functioning in the country if it did not have the necessary license to do it, reports Press Trust of India (PTI).
While hearing public interest litigation (PIL), the HC bench consisting of Chief Justice Rajendra Menon and Justice AJ Bhambhani sought to know from the central bank how how GPay was acting as a payments system provider in India in violation of the Payments and Settlements Act.
It is alleged that RBI has issued no valid authorisation to carry out such payment functions to the American company.
The court has issued notice to both RBI and Google India seeking their response on the issue raised in the plea by Abhijit Mishra. The petitioner has contended that GPay does not figure in RBI’s list of authorised ‘payment systems operators’ which released on 20 March.
Has Unauthorised Access To Aadhaar
"The Google India Digital Services Private Limited doing business as Google Pay though its unauthorized operation in India as Payment and Settlement Systems has unmonitored and unauthorized access to the personal information such as Aadhar, PAN, Transaction etc. of the public by acting as a Payment and Settlement Systems," the plea states.
Also Read: Google Pay Transactions Reach $81 Billion In March; User Base More Than Triples In One Year
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