Govt Mulls Insurance Guidelines for Mobile Wallet Transactions
Government has initiated talks with mobile wallet players and insurance companies to work out a mechanism to enable an insurance framework for electronic wallet transactions.
TRAI said it has received complaint that some telecom operators are launching tariffs without filing it. (File photo)
New Delhi: Government has initiated talks with mobile wallet players and insurance companies to work out a mechanism to enable an insurance framework for electronic wallet transactions.
Also in the offing is notification of forensics labs as registered 'examiners' for electronic evidence. Right now, the IT Ministry is the only registered examiner for cybercrime related evidence.
"The IT Ministry has co-ordinated 2-3 meetings with insurance firms and mobile wallet players. The core idea is that money in electronic wallet needs to be insured," an official source said.
Stating that the discussions were close to a "breakthrough", the source said once the talks reach a
conclusion, the rules to enable an insurance framework for mobile wallet transactions will be notified.
In another move, the IT Ministry will also notify forensic labs as 'examiner' for cybercrime related evidence.
"At present, the IT Ministry is the only registered examiner for electronic evidence. The idea is to notify 2-3 cyber forensic labs as examiner of electronic evidence, to start with," the source said.
The IT Ministry's intention is to have one such lab notified as an "examiner" in every district, over a period of time, they added.
Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.
Recommended For You
- Investors and Stock Holders are Celebrating Corporate Tax Cut News, With Memes
- Rashami Desai to Marry Boyfriend Arhaan Khan Inside Bigg Boss 13 House: Report
- Arjun Kapoor Trolls Alia Bhatt Over African Safari 'vlog'
- Your Apple iPhone And iPad Will Get iOS 13.1 And iPadOS Sooner Than Expected
- Renault Triber First Drive Review – Economical Genius