PayPal Working on Data Localization in India

On 24 July, PayPal, an American digital payments company, declared that it is working on localization of data as mandated by the Reserve Bank of India.

    Data and its Localization

  • Data is distinct information that is formatted in a special way. Data exists in a variety of forms, like text on paper or bytes stored in electronic memory.
  • Data localization is the act of storing data on any device that is physically present within the borders of a specific country where the data was generated.

Need for Data Localization in India

  • Data Sovereignty: For securing citizen’s data, data ....
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