"Google Pay, Phone Pe Ticking Time Bombs": Supriya Sule In Lok Sabha

The NCP-Sharadchandra Pawar MP sought to know what steps the government is taking to check money laundering.

Supriya Sule, an MP of the Nationalist Congress Party - Sharadchandra Pawar, on Friday alleged that apps like Google Pay and Phone Pe are "two ticking time bombs" and sought to know what steps the government is taking to check money laundering.

Participating in a discussion on 'The White Paper on Indian economy' in Lok Sabha, Ms Sule said whatever happened in Paytm Payments Bank Ltd (PPBL) is "very alarming" and is almost like money laundering.

The Reserve Bank of India (RBI) last month directed PPBL to stop accepting deposits or top-ups in customer accounts, wallets, FASTags and other instruments after February 29.