- Apprentice Lawyer
[Data Protection on UPI platforms] NPCI, not RBI responsible to ensure Amazon, Google, Whatsapp comply with UPI regulations: RBI to SC
RBI in its affidavit filed before the top court states that National Payments Corporation of India is the owner and operator of UPI and that it is NPCI which is the system provider as per the PSS Act.
The Reserve Bank of India (RBI) has told the Supreme Court that the responsibility to ensure that tech giants like Whatsapp, Google and Amazon comply with rules and regulations governing Unified Payments Interface (UPI) platforms, lies not with the RBI but with the National Payments Corporation of India (NPCI).
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