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ARTICLE · 06 JULY 2020

Google Pay Is Not Payment System Operator: RBI To Delhi HC

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Recently, in the case of Shubham Kapaley v. Reserve Bank of India and Ors., the nation's central bank i.e. the Reserve Bank of India (hereinafter referred to as ‘RBI')...

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Recently, in the case of Shubham Kapaley v. Reserve Bank of India and Ors.,1 the nation's central bank i.e. the Reserve Bank of India (hereinafter referred to as 'RBI') has submitted to the Delhi High Court that Google Pay is not a payment system operator2. In response to the above mentioned case, the RBI has stated that Google Pay is not a digital transaction platform and thus it does not operate any payment systems. In the above case, it was alleged by the Petitioner that Google Pay (popularly known as GPay) was operating without getting any mandatory and requisite authorisation from the RBI.

RBI: Google pay was not operating a payment system as it is third party app provider

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