https://entrackr.com/2022/08/exclusive-nandan-nilekani-backed-shopx-shuts-shop/

But what happens to that stolen data now that #ShopX is bankrupt? @NandanNilekani #DataEmpowerment
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RT @logic
This is @NandanNilekani owned @Shopx_Ind that is abusing #PennyDrop to harvest bank account details.

PS : I have never shopped using UPI ID, let alone shop at ShopX. #DataHarvesting. #DataEmpowerment is #DataChor
https://twitter.com/logic/status/1491741464858337290

So @RBI is going to 'democratize' #PennyDrop and make name lookup as a service across payment systems. #SaveOurPrivacy.

This drop is due to incredibly high number of #PennyDrop which @NPCI_NPCI is letting fintech do to harvest data. Will @NPCI_NPCI release the number of ₹1 push transactions that happen every month from via APIs? #DataSale
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RT @adadithya
TIL: 50% of UPI transactions have a transaction value of up to ₹200, according to studies by the NPCI.

The average transaction size:

May 2019: ₹2,078
March 2022: ₹1,777
https://twitter.com/adadithya/status/1511576916762906626

#WorldConsumerRightsDay #FairDigitalFinance #HallOfShame - Shared nominations - @ICICIBank @Shopx_Ind @IDFCFIRSTBank for abusing #PennyDrop to build databases of people without their consent

Read more on #PennyDrop abuse 👇
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RT @logic
This is @ICICIBank selling anyone's name associated to any bank account for ₹ 99 (incl GST). The person whose privacy got violated will be paid ₹ 1. Which genious comes with product like this ? #Pennydrop AP…
https://twitter.com/logic/status/1490998842854154243

https://economictimes.indiatimes.com/tech/tech-bytes/nandan-nilekani-backed-shopx-forays-into-consumer-segment/articleshow/88472311.cms

Foraying into consumer-segment means harvesting consumer data of #UPI ? Please have some shame #DataChor @NandanNilekani
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RT @logic
This is @NandanNilekani owned @Shopx_Ind that is abusing #PennyDrop to harvest bank account details.

PS : I have never shopped using UPI ID, let alone shop at ShopX. #Data…
https://twitter.com/logic/status/1491741464858337290

This is @NandanNilekani owned @Shopx_Ind that is abusing #PennyDrop to harvest bank account details.

PS : I have never shopped using UPI ID, let alone shop at ShopX. #DataHarvesting. #DataEmpowerment is #DataChor

This is @ICICIBank selling anyone's name associated to any bank account for ₹ 99 (incl GST). The person whose privacy got violated will be paid ₹ 1. Which genious comes with product like this ? #Pennydrop APIs are used by range of fintechs to fetch names

cc @internetfreedom