Google has announced that all financial transactions carried out through the App Google Pay have been protected on all avenues as per the guidelines by the Reserve Bank of India and the National Cash Dispensation Commission.
The Public News Relations official from Google informed that there are rumours spread in the social networking media that Google Pay App is not approved by the Central Government and as such, the problems encountered in digital transactions done in this stage may not even be solved legally – these rumours are absolutely false!
Further, he mentioned that so far, the Reserve Bank of India has not come up with any statements such as Google Pay has NOT been approved or it is not functioning legally. He confirmed further that Google Pay functions/operations are 100% legal!