Earlier this month, the Reserve Bank of India (RBI) had told the Delhi High Court that Google Pay is a third party app provider and does not operate any payment systems. Therefore, its operations are not in violation of the Payment and Settlement System Act of 2007, RBI had told a bench of Chief Justice D N Patel and Justice Prateek Jalan.source https://economictimes.indiatimes.com/industry/banking/finance/banking/google-pay-says-it-works-with-banks-to-allow-payments-via-upi-transactions-fully-protected/articleshow/76582682.cms
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