Instant messaging giant WhatsApp may end up paying enormous price due to the ongoing snooping controversy. According to several media reports, the Reserve Bank of India has told the Supreme Court that the Facebook-owned platform is non-compliant with India’s data localization rules and has therefore directed NPCI to prevent WhatsApp from starting full-fledged payment services.
WhatsApp…
The much-awaited disruption in India’s digital payment sector is probably only weeks away as WhatsApp is all set to launch its full-fledged UPI payments services in India. Following the beta launch last year, the messaging giant had to postpone the launch of its UPI payment services. This after RBI issued new directives in April that…
