RBI Data Localisation Norms

Topics Covered: Cybersecurity related issues. RBI Data Localisation Norms: Context: The National Payments Corporation of India (NPCI) has allowed Facebook-owned messaging platform WhatsApp to start its payments service in the country in a ‘graded’ manner. Key Points: NPCI has given its nod to WhatsApp to offer payments services via the Unified Payments Interface. WhatsApp users can …