four weeks after its new privacy update had stated that the messaging app will share transaction data with its parent company.
Earlier in the month, WhatsApp
After the update, WhatsApp faced a backlash from users, privacy, security experts as well as rivals Signal and Telegram. WhatsApp pushed back the implementation of the policy by three months to May to “clear up misinformation”.
WhatsApp said it is committed and works diligently to ensure that UPI-enabled payments are completely secure and that WhatsApp Payments is in full compliance with the data localisation guidelines issued by Reserve Bank of India (RBI).
went live in November 2020 on a peer-to-peer (P2P) basis, enabling people to transfer money securely and easily—quite like sending a message on WhatsApp. It still does not have permission to enable transactions with businesses yet.
It added that WhatsApp Payments transaction data is encrypted and resides only in India, according to RBI guidelines. It does not capture or store UPI PIN and does not store other customer payment sensitive information such as one-time password (OTP), full account numbers, or any debit card details.
WhatsApp said it actively monitors necessary compliances and may share UPI transaction data for identified exceptions with affiliates and regulators subject to regulatory approvals to stop illegal use of WhatsApp payments in compliance with applicable laws and regulation.