Google Pay updates privacy policy after Paytm's complaintGoogle Pay, the payments offering from technology giant Google, has updated its privacy policies by elaborating on how exactly it uses or can use payments of its Indian users.

The update, which started reflecting on its website late Thursday, comes in the wake of payments firm Paytm revealing a letter it wrote to the National Payments Corporation of India, stating that could be misusing this data of Indians. had refuted the claim and the updated further clarified it.

“Your UPI Transaction Data will not be used for any monetisation purpose (eg. for advertisements) by any entity other than Google,” read the updated policy.

Google said it might be sharing UPI transaction data, but that is with banks, merchants and third-party service providers only to aid in the seamless flow of the transaction.

In the previous version of its privacy settings, Google said it, along with group companies, could use the personal information for promotional purposes, sending information about products and services of third parties as well as Google’s own group companies. Those lines have since been removed.

Google said the terms of language of its privacy policy would be amended in a way to reflect the fact that Google Pay only shared data which “may be required for the purpose of processing transactions or providing Google Pay Services with our authorised partners”.

experts ET spoke to said some form of payments data needed to be shared with third-party entities to allow the transaction to flow. Also, perhaps the details around the extent of data sharing can only be decided once the government passes a law on data privacy, they said.



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