arihant
Joined 16 years ago
Joined 16 years ago
And it’s not only the US websites, the website OP mentioned is one of the three largest medicine websites in India. There is no reason for them to comply. And EU laws are incredibly confusing. Follow GDPR and respect privacy, while saving customer IP address for years when EU needs VAT.
For Google Pay, what Google is doing is actually not legal. Government wanted each third party (non bank) app to be restricted to 25%. Google will get in trouble when government actually starts cracking down (and when they get close to the 25% mark). We don't know how government is looking at them, because they're under threshold anyway. The legal way for GPay to handle over 25% of total transactions is to register at least as a Payment Bank.
Google does the same thing in Google Pay Indian version. Government mandated that no one app can have more than 25% transaction volume of the country for UPI. So Google partnered with 4 banks, essentially having 4 UPI apps in the eyes of government.