PMLA compliance: PayPal questions contrary stand of Central government on GPay in Delhi High Court

PayPal said that the Central government has taken contrary stands in the case of Google Pay and PayPal.
Paypal and Delhi High Court
Paypal and Delhi High Court

The Delhi High Court Wednesday sought Central government's stand on an appeal filed by PayPal challenging a single-judge's order holding that it is a 'payment system operator' within the framework of the Prevention of Money Laundering Act (PMLA) and, therefore, obliged to comply with the 'reporting entity' obligations under the Act.

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