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Delhi HC Seeks RBI Response On Plea Claiming Google Payment App Operating Without Authorisation

By LawStreet News Network      10 April, 2019 12:00 AM      0 Comments
Delhi HC Seeks RBI Response On Plea Claiming Google Payment App Operating Without Authorisation

The Delhi High Court today (April 10, 2019) issued notice to Reserve Bank of India (RBI) to seek its response on a plea claiming that the Google payment app is operating without valid authorization.

A Bench comprising of Chief Justice Rajendra Menon and Justice A.J. Bhambhani was hearing a PIL filed byAbhijit Mishra when it had asked the Central bank how Google's mobile payment app, GPay, was facilitating financial transactions without the requisite authorisation from it.

In its petition, Mr. Mishra claimed that GPay was acting as a payments system provider in violation of the Payments and Settlements Act, 2007, as it has no valid authorisation from the central bank of the country to carry out such functions.

Further, Mr. Mishra has also contended that GPay does not figure in RBI's list of authorised 'payment systems operators' released by the central bank on March 20, 2019. The court on hearing the matter has also issued notice to Google India.



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