I found this contrasting takes on NPCI's clarification very, very interesting. Both are from GooglePay's rivals - Sameer is PhonePe's founder, while Bipin is MobiKwik's founder. All 3 are in a cut-throat competition for the largest pie in the Indian digital payments market. 1/5 
2/5 Sameer's comment comes probably from the broader realization that such fake news could singe even PhonePe tomorrow - basically, it could happen to anyone.
Bipin's comment seems awkward, pointing to a technicality that GooglePay is not a Payment Systems Operator (the CNBC
Bipin's comment seems awkward, pointing to a technicality that GooglePay is not a Payment Systems Operator (the CNBC
3/5 article clearly calls out NPCI saying that only they are a PSO and they have, in their capacity as PSO, authorize all UPI participants, like GooglePay. See: bit.ly/2NvOk7v). He also goes on to question NPCI: "Also is NPCI guaranteeing security in this app?".
4/5 This, even as NPCI was merely responding to pointed rumors that GooglePay was illegal and that transactions done through GooglePay cannot be redressed under law.
5/5 Hats off to Sameer for his outlook. Disappointing to see Bipin's perspective when a rival was affected by fake news that could affect the entire ecosystem if left unchecked by the concerned controlling body.
