Update on August 8: NPCI said that it has stopped on boarding new Truecaller users on the UPI Platform and an investigation into the matter is currently underway, in response (see below) to a letter sent by the Internet Freedom Foundation (IFF). Earlier on August 6: Truecaller CEO Alan Mamedi said today that less than 0.12% of total monthly active users in India were affected by the "bug", nearly after a week that the Truecaller app started registering users for an UPI ID without their consent. In a statement, the company also said that this "mishap didn’t mean any sort of loss for the affected user, neither in in terms of user’s data nor anything financial, . The company explained that the particular API which caused the problem, was supposed to be initiated for only existing Truecaller Pay users who consented to sign up for it,…
