alexa

Search in IndianMoney.com

 
Home News Payment Banks

Read more interesting news from around the globe with Indianmoney App

Google Play
 
News Image

WhatsApp sets up system to store payments to meet RBI norm

Tuesday, October 9, 2018, 12:34 PM

Messaging platform WhatsApp Tuesday said it has set up a system in India that stores payments-related data locally in the country to comply with RBI regulations. The Reserve Bank of India (RBI), in a circular dated April 6, had said all system providers shall ensure that the entire data relating to payment systems operated by them are stored in a system only in India.