Home / Companies / News / Data processing compliance likely to delay WhatsApp Pay launch in India

Data processing compliance likely to delay WhatsApp Pay launch in India

The government, on several occasions, has made it clear that Indian financial data needs to be stored exclusively onshore and if it is processed outside, it needs to be brought back in 24 hours

Premium

The WhatsApp messaging application is seen on a phone screen | Photo: Reuters

Neha Alawadhi Karan Choudhury New Delhi/Bengaluru

3 min read Last Updated : Oct 08 2019 | 11:19 PM IST

The launch of WhatsApp Pay in India may get delayed as the government is unhappy with the Facebook-owned messaging platform over data processing compliance, said people in the know.

The government, on several occasions, has made it clear that Indian financial data needs to be stored exclusively onshore and if it is processed outside, it needs to be brought back in 24 hours.

The sources said that both government and banking regulator Reserve Bank of India (RBI) have raised concerns over a few of WhatsApp’s clauses which will possibly delay the launch, widely expected to take place this year.

“One of the main

Topics : whatsapp

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in