Bank of India informs Supreme Court: WhatsApp Pay does not meet publication requirements

WhatsApp Pay, a WhatsApp payment service, is subject to local regulatory authority due to non-compliance with data localization practices. Currently, the Central Bank of India has notified the Supreme Court that the WhatsApp payment service does not meet the publishing requirements. In addition, the Reserve Bank of India has instructed the National Payments Corporation (NPCI) CEO not to allow WhatsApp Pay to fully operate in India. WhatsApp Pay has been tested in India for about a year, after news that Facebook intends to validate its digital currency Libra in India through the service. The Reserve Bank of India has asked WhatsApp to provide storage transaction IDs, collection request expiration times, search reference numbers, and other important details, but these data are still stored overseas.