WhatsApp has been engaged on rolling out its UPI based mostly funds system in India, and authorities are involved about how the agency’s mum or dad firm could impression on consumer privateness, particularly with one thing as delicate as funds.
“Indian authorities are concerned that WhatsApp’s payment service might share user data with group companies Facebook and Instagram, compromising the security, privacy and non-commercial information of its subscribers,” The Indian Econnomic Times reported. “The government has asked the National Payments Corporation of India (NPCI) to look into the matter and ensure that user data collected through payment services such as WhatsApp and Google Pay is not shared.”
WhatsApp has stated that it will not be sharing any of its knowledge with Facebook or some other firm, retaining all of it in-house. Despite that, the federal government would really like stronger assurances that even “non-commercial information” or details about a consumer collected on the WhatsApp fee platform should not be shared with Facebook or its different subsidiaries.”
WhatsApp nonetheless stays optimistic in regards to the launch, with an finish of yr launch roadmap within the works. “We believe that if we get this right, it will accelerate financial inclusion and bring value for people in India’s fast-growing digital economy, WhatsApp Global Head Will Cathcart said this week, “We can’t wait to provide the service more of our users all across India later this year”
