Paytm From Google Play Store
Digital payments company Paytm returned to the Google Play Store on Friday, nearly five hours after it was taken down from the platform for alleged policy violation.
Paytm's Android app is currently used by millions of users in India for making a wide range of financial transactions. Here's why it's safe to keep using Paytm as before. Google has pulled Indian financial services giant Paytm’s app from the Play Store for violating policies related to gambling payments.Paytm, India’s most valued startup, claims over 50 Mn. Popular payments app Paytm was today removed from Google’s Play Store for “repeated” violations of its gambling policies. The app has been restored as of Friday evening, but Paytm First. More than 10 Million businesses trust Paytm for their payments Accept Payments Everywhere Paytm for Business app is the fastest & easiest way to collect payments from customers. If you are a merchant, run a small business, a startup, a freelancer, a shop or a delivery service; then accept payments for your business from millions of Paytm customers.
The company tweeted to confirm that it had been restored on the platform.
Paytm’s First Game Fantasy app was also taken down from the Google Play Store. The reason for the removal was not immediately clear. The tech giant had in a blog post referred to their policies on gambling.
Paytm had assured its users that the service will be restored soon. “It will be back very soon,” it had tweeted. “All your money is completely safe, and you can continue to enjoy your Paytm app as normal.”
“We don’t allow online casinos or support any unregulated gambling apps that facilitate sports betting,” Suzanne Frey, vice president of product, android security and privacy at Google, wrote in the blog.“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.”
This came as Paytm First Games was gearing up for fantasy cricket ahead of the Indian Premier League. Cricket fans bet on their favourite players and gain money depending on how the players have performed in real life.
Google added that it informs the developer about the policy violation and removes the app as the course of action until the policy guidelines are followed. “We have these policies to protect users from potential harm,” it added. “And in the case where there are repeated policy violations, we may take more serious action which may include terminating Google Play Developer accounts. Our policies are applied and enforced on all developers consistently.”
Paytm, one of the major players in India’s digital payments markets, was founded by Vijay Shekhar Sharma and is owned by One97 Communications Limited.