Why Paytm removed from Play Store
The Google Play Store had removed the Paytm app from its platform on the charge of gambling (gamblers) through it. The Google Play Store said that it does not support the gambling app and that Paytm was removed for violating its gambling-related policies.
Update: And we’re back!
– Paytm (@Paytm) September 18, 2020
Google stated in its blog post that if an app leads a user to an external website that allows them to participate in a tournament paid to win real money or cash prizes, then this is part of its policy Is a violation.Is cashback the reason?Actually, Paytm had said that ‘Paytm Cricket League’ was recently launched on the consumer app. This game was meant to engage customers in passion for cricket and win cashbacks. Under this game, users receive players’ stickers for every transaction. After collecting it, they get cashback.
: We continue to work with Google to restore our Android app. We assure all our users that their balances & linked accounts are 100% safe.
Our services are fully functional on all existing apps and you can continue enjoying Paytm like before.https: //t.co/Klb63HRr0V — Paytm (@Paytm) September 18, 2020
Apart from this, it was also informed that Paytm was informed by Google that the app is being removed from the Play Store on the charge of violating certain rules related to gambling. Because of this, the Paytm Android app was unlisted from the Google Play store. Industry sources said that Google is pointing directly to Paytm First Games without naming it, which Dream 11, HalaPlay, Mobile Premier League And many others like fantasy gaming platforms. However, Paytm founder Vijay Shekhar Sharma spoke to CNBCTV18 and said that the problem was with the cricket stickers given by Paytm as cashback. Google said that they had shared these concerns with Paytm developers several times. Vijay Shekhar Sharma said during the interview that in the afternoon of 18 September, only one letter was released and the app was removed from the store on the same day. Sharma said that three letters were issued by Google earlier expressing concern about Paytm First Games, which has been followed by the company backed by Alibaba and Softbank.
Google is acting like the judge, jury & executioner, says @Paytm CEO @vijayshekhar after his company’s apps are removed from the PlayStore. He says the #IPL game which @Google calls “gambling” is a straightforward cash back concept. @MeghaVishwanath @ShereenBhan #Exclusive pic.twitter.com/h4GFQUmB3I
– CNBC-TV18 (@ CNBCTV18News) September 18, 2020
Sharma alleges that Google has misused its power to increase its payments business and improperly tried to attract customers.
Sharma said that his company has done nothing wrong. He assured Paytm to over 30 crore customers that their money was completely safe. He claimed that Google took one-sided action against Paytm before giving notice. In this entire action, Google itself was the judge, executioner and beneficiary.
Safe is users’ money
After the withdrawal of Paytm from the Play Store, people started worrying about their money kept in the wallet, and many users started questioning it on social media. On this, Patiem said that customers’ money is completely safe and can be used as before.
For information, let us know that Paytm is the most valuable startup in India and it claims that it has 5 crore monthly active users.