How Is Google Payment App Operating Without Authorisation, Court Asks RBI


Team Udayavani, Apr 10, 2019, 6:13 PM IST

New Delhi: The Delhi High Court on Wednesday asked the Reserve Bank of India (RBI) how Google’s mobile payments app GPay was facilitating financial transactions without the requisite authorisation from it.

A bench of Chief Justice Rajendra Menon and Justice AJ Bhambhani posed the query to the central bank while hearing a public interest litigation (PIL) which claimed that GPay was acting as a payments system provider in violation of the Payments and Settlements Act.

The PIL also claimed that GPay has no valid authorisation from the central bank of the country to carry out such functions.

The court issued a notice to the Reserve Bank of India and Google India seeking their stand on the issue raised in the plea by Abhijit Mishra

He has contended that GPay does not figure in RBI’s list of authorised ”payment systems operators”, released by the central bank on March 20, 2019.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

JPC chairman Jagdambika Pal to visit K’taka on Nov 7 to meet farmers protesting Waqf notices

Indian boxer Mandeep Jangra wins WBF’s world title

IOA submits ‘Letter of Intent’ to host 2036 Olympics in India

CBDT allows tax officials to waive or reduce interest due from assessee

Like UP, bring BJP to power in Jharkhand to ‘bulldoze’ mafia: Yogi at Koderma poll rally

Govt asks Wikipedia why it should not be treated as publisher instead of intermediary

Karnataka HC issues notice to CM, others on plea seeking transfer of MUDA case to CBI

Related Articles More

CBDT allows tax officials to waive or reduce interest due from assessee

Markets fall in early trade amid unabated foreign fund outflows

New software for fast-tracking project approvals: Karnataka Minister Patil

In-flight passengers can access WiFi services only when allowed, say new rules

SEBI mulls separation of non-regulated activities; ‘cross-default’ definition for debenture trustees

MUST WATCH

Gho Pooja in Deepavali Festival

Melukote Deepavali

Ganapathi Co-operative Society Ltd

Udayavani Chinnara Banna 2024

Annapoorna Aahar | Food Places In Mysore


Latest Additions

Belagavi: Govt clerk found dead in Tehsildar’s chamber 

JPC chairman Jagdambika Pal to visit K’taka on Nov 7 to meet farmers protesting Waqf notices

Indian boxer Mandeep Jangra wins WBF’s world title

IOA submits ‘Letter of Intent’ to host 2036 Olympics in India

CBDT allows tax officials to waive or reduce interest due from assessee

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.