WhatsApp Pay may be delayed as govt flags risk to payments via social media apps
5 years, 2 months ago

WhatsApp Pay may be delayed as govt flags risk to payments via social media apps

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This comes days after Zuckerberg announced that there will soon be “positive news” about the service’s launch. In light of the discovery of the Pegasus spyware and the mechanism by which it spread, the Indian government has reached out to the Reserve Bank of India and the National Payments Corporation of India over the risk of payments made through social media apps like Facebook and WhatsApp. While WhatsApp can’t really be held accountable for Pegasus per se, the fact that the app can be easily misused does raise questions about the security of financial data when services like WhatsApp payments go live in India. Last week, WhatsApp sued Israel-based NSO Group for developing the Pegasus spyware that was used to compromise the privacy of about 1,400 civil rights activists, lawyers, and journalists across the world. This also comes just days after Facebook CEO Mark Zuckerberg announced last week that the company may soon reveal some “positive news” about the launch of WhatsApp Pay.

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