Paytm App Removed From Google Play Store for Violating its Policies, the company’s new rules around online gambling. A source within Google said that the Google team that worked with developers reached out to Paytm repeatedly to fix the issues with the app. However, Paytm made repeated violations of the Google policy, noted the source. Paytm is owned by an Indian company called One97 Communications Ltd, which was founded by Vijay Shekhar Sharma but the company had received massive funding from fintech firm Ant Financials, which is an ally of China’s Alibaba group.
Commenting on Paytm App Removed From Google Play Store, Paytm in a statement on Twitter said, “Paytm Android app is temporarily unavailable on Google’s Play Store for new downloads or updates. It will be back very soon. All your money is completely safe, and you can continue to enjoy your Paytm app as normal.”
Dear Paytm’ers,
Paytm Android app is temporarily unavailable on Google’s Play Store for new downloads or updates. It will be back very soon.
All your money is completely safe, and you can continue to enjoy your Paytm app as normal.
— Paytm (@Paytm) September 18, 2020
Paytm App Removed From Google Play Store
Earlier on Friday, Google posted a blog post that highlighted its gambling policy that doesn’t allow app developers to facilitate sports betting. This was a feature that was provided by Paytm through the recently announced fantasy cricket tournament.
“We don’t allow online casinos or support any unregulated gambling apps that facilitate sports betting. This includes if an app leads consumers to an external website that allows them to participate in paid tournaments to win real money or cash prizes, it is a violation of our policies,” Google said in its blog post. It confirmed that this was the reason for removing the Paytm app.