Monday, December 23

Tag: Ministry of Electronics and IT

IT Ministry Questions NPCI for details on WhatsApp Pay
INDIA

IT Ministry Questions NPCI for details on WhatsApp Pay

The Ministry of Electronics and IT (MeitY) has issued a fresh letter to National Payments Corporation of India (NPCI) seeking details about the digital payment service of Facebook-owned platform WhatsApp that is due to be formally launched in India this month. The government body which had earlier sought clarifications from the NPCI on WhatsApp Payment service issued a fresh letter this week asking details on data storage policy of US-based service and how data will be shared with its parent company. MeitY, in particular, has raised objections over WhatsApp not complying with two-factor authentication laid by India's Apex Bank RBI in addition to expressing concerns over the management of user's data. A copy of the letter has also been sent to RBI. Lack of a two-factor authenticati...