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Showing posts with the label safety of transactions on Google Pay

Google Pay : All transactions are fully protected under RBI, NPCI guidelines

                             Google Pay Highlights : Google Pay said all transactions are fully protected  User can reach out customer care 24/7 for any help Google Pay works as a technology service provider to partner banks  Google Pay on Wednesday said that all transactions made through its platforms are fully protected by redressal processes laid out in the guidelines issued by RBI and National Payment Corporation of Indian NPCI . The statement comes under the backdrop of social media buzz that issues that might arise while transfering money through Google Pay cannot be redressed under law as the app is unauthorized. This is incorrect and can be verified on NPCI's website - Google spokesperson said. Google Pay works as a technology service provider to partner banks, to allow payment via UPI ( Unified Payment Interface ).  UPI apps in the country are categorised as third party apps and are not...