Google Play store removes Paytm app citing gambling policy
IANS 18 September 2020
Google has removed digital payments major Paytm's app from its Play Store for allegedly violating its gambling policies.
"Paytm Android app is temporarily unavailable on Google's Play Store for new downloads or updates. It will be back very soon," the company said in a tweet on Friday.
"All your money is completely safe, and you can continue to enjoy your Paytm app as normal," it added.
Google said that it does not allow online casinos or support any unregulated gambling apps that facilitate sports betting.
"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, Suzanne Frey, Vice President, Product, Android Security and Privacy, wrote in a blog post.
One of India's most valuable startups, Paytm, which competes with Google Pay, earlier this month said that that revenue for the fiscal year ended on March 31 increased to Rs 3,629 crore with a 40 per cent decline in losses.
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
3 years ago
Please ban the Rummy apps. Strangely court sees Rummy game played with money at stake on par with Chess or Chinese Checkers. Duh.
3 years ago
If the gambling facility on their app is something the app developers didn't want to remove from their platform even after prior warnings from google play store team, makes one wonder if large portion of their revenue was from facilitating gambling activities.

About time for RBI to monitor what these licenced financial institutions are doing behind thier back.
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