Business Standard

Monday, December 23, 2024 | 09:41 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

We do not share vital financial data with Facebook, says WhatsApp

WhatsApp is in clear violation of the guidelines set by the NPCI, according to industry observers

Facebook, WhatsApp
Premium

Facebook, WhatsApp

Karan Choudhury New Delhi
After facing weeks of criticism over allegations of sharing financial data with Facebook, WhatsApp, the social media giant’s chat messenger, clarified on Friday that vital payments data was not shared between the two firms.

In its FAQ section, WhatsApp.com included clarifications around who it sends payments information to. “When you make a payment, WhatsApp creates the necessary connection between the sender and recipient of the payment, using Facebook infrastructure. We pass the transaction information to the bank partner, which is called a PSP (payment service provider), and to the NPCI (National Payment Corporation of India), so they can facilitate the

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in