WhatsApp may be sharing your payment data with Facebook

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"The famous messaging platform was acquired by Facebook back in 2014, and in April 2016, the company has introduced the end-to-end encryption, which makes it more secure to be accessed by any third-party".

"We share information with third-party providers and services to help us operate and improve Payments".

Facebook-owned WhatsApp refuted reports that it is keeping track of the messages and said that it collects very little data and every message is end-to-end encrypted.

It's not obligatory that the data shared with Facebook will always be misused, but it is still a concern that shouldn't be ignored. "Yet, there is a new fearless digital world - that is free to use, and the costs and profit of providing the free services must come from "mining" the habits and data connected to each user".

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Since the announcement of yet to be launched WhatsApp UPI service, the US-based instant messenger's would be rival - Paytm's founder Vijay Shekhar Sharma has been lambasting its policies related to privacy and data security.

Following the updated privacy policy, many users took Twitter to take on WhatsApp.

While Facebook is still facing scrutiny for the data leak, reports of WhatsApp sharing user data with Facebook have surfaced.

According to the job description released on Facebook, WhatsApp's parent company, "WhatsApp is seeking an exceptional individual to lead our efforts in India including products for people and businesses along with our interest in peer to peer payments". By being able to track how much money you're spending, how often, and where, it can be used to create even more detailed profiles of the sort that allegedly impacted the United States elections, which affected most of Facebook's 2 billion users. WhatsApp has in the past faced some controversy over their plans to share user data with Facebook, and now in light of Facebook's scandal, the company has come forward to reassure users that they do not collect much info on them. Earlier this year, WhatsApp rolled out support for Unified Payments Interface (UPI), a payments platform in India that allows users to send money to a Virtual Payment Address (VPA) - like email IDs - which is linked to a bank account. The app is now available for download on the Google Play Store.

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