On July 28, Google issued its 'Developer Program Policy,' which makes the entire data management practises for users on Google Playstore accessible.
Users will now be required to be informed about the app's access, collection, usage, and sharing of data.
"With the new safety area, developers will have a straightforward way to show off their app's overall security." Before users install the app, developers will be able to give consumers more information about their privacy and security procedures, as well as clarify what data the app may gather and why," according to Google's blog.
Strict Rules for Personal Loan Apps in India
In India, Google has issued new tight requirements for personal loan apps, which app developers must follow by September 15, 2021.
After receiving several complaints from users and government organisations, Google deleted several short loan apps in January.
App developers will be required to disclose how they access, collect, utilise, and share data in their apps. This app-disclosure must have the following information:
Whether it's in the app itself, the app description, or a website,
Be immediately accessible during normal app operation without requiring the user to visit to a menu or settings,
It must specify the information that is being accessed or gathered.
What will be done with the data, and how will it be used and/or shared?
Cannot be paired with other disclosures relating to the gathering of personal and sensitive user data in a privacy policy or terms of service.
If the app handles financial or payment information, such as a personal loan app, it must never publicly release any personal or sensitive user data relating to financial or payment activities, or any government identity numbers.
A 'Personal Loan App Declaration for India' would be required of all apps.
It will also be important for them to submit the proper evidence to back up their claim. For example, an app that has gotten the necessary licence from the Reserve Bank of India to disburse personal loans must also submit a copy of that licence to Google for inspection.
According to a blog post published by Google in January, in order to guarantee that customers make informed decisions, Google will only allow personal loan applications that require full repayment within 60 days of the loan's issuance date.
Developers must only request permissions that are required to implement existing products or services in order to respect user privacy. They shouldn't employ permissions that provide them access to user or device data for features or purposes that aren't disclosed, aren't implemented, or aren't allowed.
Furthermore, developers are required to use data only for the purposes that the user has consented to, and if they want to use the data for different purposes later, they must first seek the user's permission.
Conclusion
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