The row has erupted amid heightened debate about user privacy and how technology firms treat data in India and abroad. India is developing a new data protection law which could force companies to change how they transfer or store customer data.
Google said the changes were made to make it easier for customers to understand their monetisation and data usage policy. “These changes are done from time to time and are based on product features and development,” a Google spokesman said.
Paytm’s letter to NPCI indicates the increasingly fierce competition in India’s digital payments market, which is expected to grow five-fold to $1 trillion by 2023.
Other companies vying for a bigger share of the market include PayPal and Facebook’s Whatsapp.
Paytm gained traction in India after Prime Minister Narendra Modi banned high-value notes in November 2016, boosting digital payments. It has 95 million active monthly users, compared to Google Pay’s 22m.