WhatsApp Shares Your UPI Payments Data with Facebook

WhatsApp Shares Your UPI Payments Data with Facebook

Facebook is still reeling from the aftereffects of the Cambridge Analytica scandal which has led to the loss of credibly on social media. Facebook is under suspicion of tampering with the privacy by its very users. This has resulted in a number of users distancing themselves from the Facebook and WhatsApp as well. New WhatsApp update has helped it collect more data with each passing update in order to bolster its service and get more insights to enhance the online messaging experience for the ends users.

Now WhatsApp is trying to get away this debacle by distancing itself from the Facebook. It should be noted that WhatApp tends to a fairly large amount data from its users while Facebook tends to collect little data when compared to WhatsApp.  WhatsApp has earlier clarified that it isn’t indulged in keeping track of either friends or family members of the users. But the communication sent on the WhatsApp are completely encrypted which means it will remain private and secure from any prying eyes.

UPI support finally comes through

WhatsApp has emerged as the most favoured instant messaging app in the world with record more than 1.5 billion users. A new WhatsApp update earlier this has brought the support for the Unified Payments Interface or UPI. This platform is specifically dedicated to payments in India with the help of which people will be able to send and received money to any specific Virtual Payment Address or VPA which are linked with the bank accounts. This system is held and utilized by the Payments Service Providers (PSPs) and here in WhatsApp will play the role of the platform to send instruction right to PSP and then it will be processed by the UPI.

The whole responsibility for the successful transaction isn’t clearly defined in the setting and it remains in-between the user bank and the PSP. However, WhatsApp has clearly defined this in its detailed Payments ‘terms of service’. In order to perform the initial transaction, WhatsApp will have to collect very specific user information and all related to the payment transaction information. This particular information will be comprised of the user’s VPA, the amount of the transaction along with the date and time. Like always with this new WhatsApp update, users are simply required to click on the Agree without reading as no one does it.

Another co-founder is leaving WhatsApp

A new WhatsApp update has brought the alarming news that one of its prominent co funders namely Jan Koum is leaving the company. It has been speculated in the media that his departure is specifically the result of some grave disagreement with the parent company Facebook. The bone of contention here happened to the way user data is being shared between the two entities. After buying the WhatsApp just a few years ago Facebook has not been shy to gradually release new WhatsApp update and change the app’s user agreement in order to share more user data with others.

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