WhatsApp can’t start payments biz, RBI tells SC

As WhatsApp battles the Israeli spygate (Pegasus) controversy in India, the Reserve Bank of India has told the Supreme Court that the messaging platform, owned by Facebook, is non-compliant with data localisation norms and that it has directed National Payments Corporation of India (NPCI) to not allow a full-scale launch of a payments business by WhatsApp on the Unified Payments Interface (UPI).

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