InvestorQ : What is the problem with Google Pay? Is it true that its payment gateway does not meet the payment criteria of RBI?
indhumathi Sayani made post

What is the problem with Google Pay? Is it true that its payment gateway does not meet the payment criteria of RBI?

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shrinidhi Rajan answered.
8 months ago
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Not exactly, it is just a response sought by the Delhi High Court on a plea seeking action and suspension of operations of Google Pay as it does not comply with interoperability rules. Notices have been issued to the RBI and the government for a response. An individual had petitioned the High Court after Google Pay did not allow him to contribute to the PM-CARES Fund, without creating another VPA or UPI ID on its app. Google Pay was not inter-operable with an existing UPI id of the petitioner. This is apparently in contravention of the rules of Unified Payments Interface (UPI) interoperability. As per the NCPI circular, no merchant can compel the customer to create a VPA or UPI id to avail services on a merchant app.

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