Paytm is back on the Play Store hours after the app was taken down for violating policies on gambling. Earlier today, Google removed the Paytm app from the Play Store while other apps like Paytm for Business, Paytm mall, Paytm Money, and a few more were still available on the platform.
Why this global variable is undefined inside a function? duplicate NodeJS - Google API Module - TypeError: Cannot read property 'prototype' of undefined Why is WInJS included automatically when targeting Windows 8 in Cordova? Reorder array of Dictionary By swift; Create a asp.net authenicated cookie on 1 site for another. Google has removed Paytm's mobile application from its mobile app store platform Play Store. The search engine giant has cited its policies on gaming and betting as the reason for the move.
Update: And we’re back! 🥳
— Paytm (@Paytm) September 18, 2020
Why Paytm Removed From Google Play Store
What did Paytm comment?
Commenting on the matter Paytm issued an official statement and said Google suspended the app as it violated Play Store policies on gambling. “We continue to work with Google to restore the app. We assure all our users that their balances and linked accounts are 100 per cent safe. Our services are fully functional on all existing apps and you can continue enjoying Paytm like before,” the company said.
Explained: Paytm goes from Play Store, how are you affected?
What is Google’s Play Store policy on gambling?
Why Paytm Removed From Play Store
Google prohibits online casinos and other unregulated gambling apps on its play store. Even fantasy sports platforms like Dream 11 are kept out. The tech giant also reveals that an app that leads consumers to an external site that allows them to participate in paid tournaments to real money clearly violates Play Store policies.
In a blog post posted earlier on Friday, Google’s Suzanne Frey, Vice President, Product, Android Security and Privacy explains, “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.”
Frey notes, “We have these policies to protect users from potential harm. When an app violates these policies, we notify the developer of the violation and remove the app from Google Play until the developer brings the app into compliance.”
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“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,” Frey further states.
Commenting on the matter, Akash Karmakar of Panag and Babu Law Offices, who represents various tech and app companies said, “While PayTM did not directly engage in, or promote sports betting or gambling, it did have links to third-party sites which did. The ease of using PayTM on these third-party apps may have been viewed by Google as the element which makes PayTM as supporting these sites. Google appears to have taken an ethical stand against apps that promote or even advertise unregulated gambling apps that facilitate sports betting. Since many other apps are also promoting betting and gambling websites through ads and pop-ups, if Google applies the same standard, I would expect more apps will get taken off the Play Store.”
Paytm removed from Google play store after it was warned multiple times by Google Play Store As it is removed because of violating playstore’s policies in which they said we don’t allow gambling and it violates our policies, that’s why we have also taken down Paytm First Games too.
Today, Many users reported that Paytm app is missing from Playstore. As it is one of the most popular payments app in India. Paytm first games is also removed from the playstore.
Most of the Digital Payers use Paytm and it’s Payments Bank for Online transactions. It is a shock to most of the online users in India as multiple users have their amount in the app.
Reasons behind removal of Paytm.
Chinese Shareholders:
As known more than 50% of the paytm shares are owned by Chinese companies. Because of this reason, it is possible.
list of chinese shareholders:
Ant Financials (29.71%)
SoftBank Vision Fund (19.63%)
SAIF Partners (18.56%)
Alibaba Group (7.18%)
Berkshire Hathaway (2.76%)
Others (7.49%)
Vijay Shekhar Sharma Founder of Paytm owns the rest 14.67%.
Also Read: Full List of 118 Banned Apps in India September 2020
Play Store Policies:
May be the latest update of the app was violating the policies of the playstore. That’s could be the why it has been taken down from the playstore.
As confirmed paytm has been removed from beacuse it was violating the rules of playstore. As it was promoting online gambling and other reason that playstore don’t allows.
Update from Paytm:
How to transfer the amount from Paytm?
If you have linked your paytm payments bank to any of other UPI payments you can transfer your bank balance using this.
If you have amount remaining in your wallet it is better to use it, for recharges, bills or pay to Shops.
you can use paytm’s official webisite for using your wallet money website: www.paytm.com
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