Google vs Indian apps: Payments industry seeks legal changes against Google’s app billing policy

Payments Council of India, which represents all the major payment companies of the country under IAMAI (Internet and Mobile Association of India), wants the government to step in not only to negotiate between the two parties, but also amend the laws of the land to stop monopolistic policies of large multinational companies.

“PCI requests the Indian government to bring in amendments to existing laws to save and protect Indian Startups, RBI regulated payment aggregators (PAs) from Google’s abusive and monopolistic policies just like South Korea and the European Union,” said Vishwas Patel, chairman, Payments Council Of India and joint managing director, Infibeam Avenues which runs payment gateway CCAvenue.