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GPay does not need RBI authorisation, Google tells Delhi High Court

Shortpedia

Content Team
Image Credit: shortpedia

Google India Digital Services has told the Delhi high court that the Google Pay app does not need authorisation from RBI since it’s not a payment system operator (PSO) but merely a third-party application provider. In an affidavit, filed in response to PIL which had alleged that Google Pay was facilitating financial transactions without proper authorisation from RBI, Google said that NPCI is the PSO authorised by the RBI.