Illegal online gambling was running on payment app Paytm, removed from Google Play Store
- Paytm tweeted confirming Google's action
- Users can no longer download or update the app on the Play Store
- Google removed the app in violation of the policy
Paytm, India's largest payment app, has disappeared from the Google Play Store. Although Paytm's other app is Paytm Business, Paytm Malls is still available on the Play Store. So the app is also available on the App Store. According to media reports, Google has taken action against Paytm for violating its policy.
The app was removed in violation of Google's gambling policy
There has been no clarification from Google yet to remove Paytm from the Google Play Store, but according to some media reports, the app has been removed due to a violation of the gambling policy. Google India in its blog post today talked about the policy of gambling (online gambling). Nowhere in the blog is Paytm's name mentioned, but it seems to be hinting at Paytm, as the app was removed from the Google Play Store within minutes of the blog being published. The company has caught the eye of Google since Paytm launched PaytmCricketLeague. Google has made this decision to stop online gambling.
The company has said in its blog that it will remove the app that violates the policy from the Play Store, as well as restore the app after complying with Google's terms. However, the PATM has remained silent on the matter.
Customers' money will be safe - Paytm
The company tweeted that the current app has been removed from the Google Play Store, the app will be restored soon. All customer money will be safe.
Offer to win Paytm Cash up to Rs 5 crore
According to the information in the FAQ on the Paytm First Games website, players can win up to Rs 5 crore in special tournaments at Paytm First Games. This platform includes games including playing, fantasy, ludo. Players could win up to Rs 1 lakh per day in exclusive tournaments.
Paytm's zest before IPL
Paytm launched Paytm First Games app seeing the popularity of IPL. The company had targeted 100 million users during the IPL. The company plans to host more than 200 live events over the next 6 months. The company had earlier this week named cricket legend Sachin Tendulkar as its brand ambassador. More than 50 games are available on Paytm First.
Google-to-Paytm collision
The Paytm app is one of the most valuable start-ups in the country. Paytm is in conflict with Google's payment platform Google-Pay. In the financial year 2019-20, which ended on March 31, Paytm's revenue increased to Rs 3,629 crore. So the loss was reduced by 40%.
One97 Communication Limited Company is the owner of Paytm. Paytm is the sixth most downloaded FinTech app in August, according to a report by tech research firm Sensor Tower. The app started with the payment option. It then offers online shopping, gaming and baking services.
Users have piled up comments on Twitter since the app was removed from the Play Store. While many users have become miserable as if their money has sunk, many users are making fun of this situation.
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