WhatsApp Payments Trial Run To Be Completed By July


Addressing the Supreme Court, Facebook-owned WhatsApp has said that only the trial version of its payments services is underway in the country, and India-wide roll-out will only happen after the company complies with the government’s data localisation mandate.

Represented by senior counselors Kapil Sibal and Arvind Datar, WhatsApp said that it would comply with Reserve Bank of India (RBI) data localisation norms before launching the full version.

The court was hearing the petition seeking directions for WhatsApp to comply with RBI norms for its payments service. The bench of Justice Rohinton Nariman and Vineet Saran has listed the matter to be heard next in July.

In August 2018, the Supreme Court had taken cognizance of a petition seeking a direction to WhatsApp to appoint a grievance officer in India and to comply with the tax laws and data storage laws.

It was claimed by rival payments platforms and some fintech experts that WhatsApp was being allowed to continue with its payments services and other services “without any checks”.

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