I am not saying they shouldn't retain data. I am saying they should allow me to delete the account which they did until some time ago. I checked the laws linked and it doesn't say anywhere you can't delete the account. So for example if I was to delete my account my contacts don't see me on GPay anymore. If google keeps the data of both location and payments on their servers for whatever time it's required (Square did the same) then it's fine as laws required that. But until they don't allow me to delete the account the contacts keep seeing me as active on the app. This is not about privacy of payments it's about not allowing to delete the account which seems a generalised privacy problem of not allowing deletion of accounts.