Google g pay4/1/2023 ![]() ![]() The RBI had also told the high court that since Google Pay does not operate any payment system, it does not find a place in the list of authorised payment system operators. The central bank has also said that GPay's operations were not in violation of the Payment and Settlement System Act of 2007. The RBI had earlier told the court that Google Pay is a third-party app provider (TPAP) and does not operate any payment systems. The High Court has listed the matter for further hearing on August 31. ![]() Meanwhile, petitioner Mishra sought time to respond to Google's affidavit. ![]() Google said that NPCI authorised the payment service provider banks and third-party application providers (TPAPs) like Google Pay to conduct transactions on its network.Īdditionally, Google said that it was complying with the RBI's 2018 ''data circular'', which mandated that all system providers have to ensure that entire data relating to payment systems operated by them was stored only in India. ![]()
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