Prime News, National, Finance, New Delhi, November 21:-The Supreme Court Friday (November 20) said it would hear on November 23 the plea filed by Rajya Sabha member Binoy Viswam seeking direction to the RBI for framing regulation to ensure that data collected on UPI platforms is not exploited or used in any manner other than for processing payments.
The matter came up for hearing before a bench comprising Chief Justice S A Bobde and Justices A S Bopanna and V Ramasubramanian which listed it for hearing next week.
On October 15, the apex court had sought responses from the Centre, Reserve Bank of India (RBI), National Payments Corporation of India (NPCI) and others including Google Inc, Facebook Inc, WhatsApp and Amazon Inc on the plea.
Viswam, the Communist Party of India (CPI) leader, has sought a direction to the RBI and the NPCI to ensure that data collected on Unified Payments Interface (UPI) platforms is not shared with their parent company or any other third party under any circumstances. (Inputs: Agencies, NGB)