A Google spokesperson said that if there is any problem while transferring money from its platform, then it cannot be resolved by law, because the app is unauthorized. But this is wrong and its truth can be verified on NPCI website.
new Delhi. Google Pay said on Wednesday that transactions carried out through its platform are fully secured by the procedure laid down under the guidelines of the Reserve Bank of India (RBI) and the National Payments Corporation of India (NPCI). This Google Pay statement came after the discussion on social media that the issues faced while transferring money from Google Pay cannot be redressed under the law as this app is unauthorized.
NPCI website can be verified-A spokesperson of Google said that if there is any problem while transferring money from Google Pay platform, then it cannot be resolved by law, because the app is unauthorized. But this is wrong and its truth can be verified on NPCI website. A Google spokesperson said that the RBI has not said any such thing in the court hearing.
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Does not violate any law – Earlier this month, RBI had told the Delhi High Court that Google Pay is a third party app provider and does not operate any payment system. Also, RBI Chief Justice DN Patel and Justice Prateek Jalan said that its operation is not a violation of the Payment and Settlement Systems Act of 2007.
App provides 24-hour service- A spokesperson of Google also said that Google Pay is completely within the purview of the law. Google Pay works as a technology service provider for payment to partner banks through UPI (Unified Payments Interface). The UPI app in the country is a ‘third party app’ and does not have to be a payment system operator. Users Google Pay offers its service 24 hours, with the help of this, money can be easily transferred to anyone anywhere.
