What's hHappening in India........

What's happening in India.............

Monday, September 18, 2017

Google Tez will store your Aadhaar details for transactions

Google has just launched its Tez UPI-based mobile payments app in India. However, it looks like that the app may face heat from online privacy advocates. As going through the terms and conditions page of Google Tez reveals that all those users who are (or will be) doing any transactions using the app, will have to share their Aadhaar details as well bank account details with Google. Since Aadhaar card also has details like name, age, contact number, address, email ID and parent’s name this means that the users will have to share these too. “You hereby expressly consent to and permit Google, Group Companies and the Payment Participants’ to collect, store and share such information including but not limited to the your personal information such as your name, address, Google Account or Payment instrument details, all transactions carried out through Tez or information with respect to third parties and the Recipients including bank account or Aadhaar details for the purposes mentioned in the Combined Tez Terms,” says the terms and conditions page of the Google Tez app. “In the event that you are a Recipient, you hereby consent Google to permit the Sender to store your information including bank account number and Aadhaar number on Tez for the purpose of sending you payments,” adds the page. However, some details can be preserved if the user pays through the Cash Mode in the app. The mode enables the users to instantly send and receive money to anyone nearby using Tez app without the need to share details like bank account or phone number. Users can also scan QR code to send money. The Google Tez app is launched for both Android and iOS platforms. The search giant has tied up with all major banks such as SBI, HDFC, Axis and ICICI for the app. The company has also partnered with Micromax, Panasonic, Lava and Nokia for the distribution of the app.

No comments:

Post a Comment