Lawstreet Journal

PIL filed before SC by Rajya Sabha MP, Binoy Viswam seeking Protection from misuse of data collected on UPI platforms

Lawstreet Journal 16 Sep 2020 10:38pm

Image courtesy: Lawstreet Journal Judiciary PIL filed before SC by Rajya Sabha MP, Binoy Viswam seeking Protection from misuse of data collected on UPI platforms

A PIL has been filed by Rajya Sabha MP, BinoyViswam in the Supreme Court seeking protection of financial data of Indian Citizens collected on Unified Payments Interface (UPI) platforms which is misused by corporations.

Appealing the Right to Privacy of all Indians using this platform, it is affirmed that the Reserve Bank of India (RBI) and National Payments Corporations of India (NPCI) to come up with regulations and are statutorily obligated for the protection of sensitive information and data of these users. On the contrary, the PIL is filed against Google, Amazon, WhatsApp alleging that they are not complying with the operating payments system in India and are allowed to operate services by RBI and NPCI. Thus, it is submitted that instead of securing the data of Indian users and protecting their Right to Privacy, despite alleged violations of UPI guidelines, the RBI and NPCI compromising the interest of people & its citizens, putting the sensitive financial data of users at high risk.

The Central Bank has been directed to follow the regulations and has adequate measures to avoid misuse and mislead of personal data derived from the UPI transactions.

In the advancement of his concern, the Communist Party (CPI) leader affirms with confidence that giant corporations such as WhatsApp, Amazon, and Google were in a simple and sparse way scrutinized and inspected before participating in the UPI ecosystem despite violations of RBI regulations. Such giant corporations having a history of misusing their dominating position and compromising data collected on their platforms, it… Continue Reading...

Tagged: Supreme Court of India  
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