A plea alleged that Google Pay is not being listed as an authorised operator as per list of the 'Payment System Operators'. The petitioner has sought direction to the RBI to stop Google Pay operation in India. He has requested the court to impose penalties on the Google India Digital Services Private Limited for doing unauthorised operation in India.
Google spokesperson commented: "We comply with all applicable legal requirements. Google Pay operates as a technology service provider to its partner banks, to allow for payments through the UPI infrastructure, and is not part of payment processing or settlement. There is no requirement for licensing of these services under the prevailing statutory and regulatory provisions. In order to support our partner banks, our efforts in complying with the government's data localisation norms are underway, and given the scale and complexity, we are being mindful to prioritise data security and uninterrupted services to our users as we make this transition. The central bank is apprised of the progress and we remain committed to complying with the laws of the land."