WhatsApp: WhatsApp has newly introduced a trial of its payments service in India. This service has made comfortable for the users transfer money in an easy way. It is the supporting the digital payments which leading by the government. Despite the company stated that WhatsApp can share customers’ payments data with origin Facebook, as this is a global analysis of mistreating user data.
WhatsApp said that in the privacy policy they share details with the third-party providers. They also help us manage and enhance Payments. It helps in guiding the to PSPs (payment service providers), keep your transaction history, give customer support, and maintain the services safe and protected. It includes to identify, prevent, or otherwise direct fraud, safety, security, misusing, and misbehavior. It shares the details which are obtained supporting this Payments Privacy Policy also with Facebook.
WhatsApp has also added policy which they share details with third-party PSPs, like your mobile number, registration data, device identifiers, VPAs (virtual payments addresses), the sender’s UPI PIN, and payment amount. In an interval when India is progressing towards the digitally-driven economy this confession came to confusion through many borderlines across lawmakers and privacy advocates. It is also worrying about how Indians have to link their Aadhaar with financial details.
As the Livemint describes that it is the order for third-party payments apps, the company has to arrange private license from NPCI. It is the organization that manages the United Payments Interface (UPI) platform before it shares the data. The NPCI announced that PSP bank should make sure that third-party app provider is required for permission from NPCI & PSP bank for sharing private UPI transaction data with any other third party including its own origin, subsidiaries, and subsidiaries of origins rather subject like Indian government/Indian intelligence/Indian law enforcement agencies/Indian regulatory bodies.
Not only WhatsApp but the competitor companies Paytm and Flipkart-owned PhonePe also have privacy policies. This considers that they share data that are linked to payments. When talking about WhatsApp payments this service is on trial for some users. It is assumed to be soon operated globally. The company said that it assemble few data with the message is end-to-end encrypted. The company was replying by experts that the messaging service with over 200-million active users in India is not as safe as deserved.
Terry Ts 
Rudhra Nandu