The Paytm app has been removed from the Google Play Store for violating policies related to unregulated gambling apps. According to CNBC - TV18, Google had notified the developers by releasing a statement on September 18th regarding this issue. Google said that, “we don’t allow online unregulated gambling apps that facilitate sports betting.” Google also mentioned that the app leads to consumers to an external website that’s allows them to participate in the paid tournaments to win real money/cash prizes.
That being said this might not affect people that have already installed the app on the phones, but will affect the company as google will not be allowing any more new downloads. The app is to stay out of the platform until the developers bring the app into compliance. However if they are any more repeated policy violations, google has decide to take even more serious action which may include terminating google play developer accounts.
- Unicorn payments app Paytm and its gaming platform First Games went missing from Google's Playstore on Friday. However, other apps owned by One97 Communications such as Paytm Mall and Paytm For Business and its wealth management app Paytm Money were available.
- Paytm not on Google Playstore anymore: First things first.No, there is no cause of concern for anyone. 'Your money is safe' and so is your account.The Paytm app is removed by Google Playstore as.
- Payment app Paytm has mysteriously disappeared from Google Play Store. The app, owned by One97 Communications Ltd, is not visible on being searched on Google Play Store whereas all the other apps including Paytm For Business, Paytm Money, Paytm Mall, and others owned by the company are still available on Play Store.
- 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.
The online betting scam
The Enforcement Directorate has discovered an online betting scam that involved Chinese nationals that have used online wallets such as Paytm, Cashfree and Razorpay. It has also frozen Rs 46.96 crore in four bank accounts after raiding 15 locations across Delhi, Gurgoan, Mumbai and Pune after companies were found to be running some illegal online betting apps linked to China. During the course of the search ED in 2019, the accounts of Dokypay Technology Pvt Ltd were mostly found in the HSBC bank.
Paytm app removed from Google Play Store 'The app was blocked for violation of Play policies - a clarification of our policy was released earlier today ahead of the IPL tournament,' Google said in.
Paytm Is Not In Play Store Free
These accounts have seen a collection of Rs 1,268 crore out of which Rs 300 crore came via Paytm payment gateway and around Rs 600 crore was transferred out via Paytm payment gateway. It has also been found that the locals were hired in order to open these bank accounts with the HSBC bank and then open trade these accounts with online wallets namely Paytm, Cashfree, Razorpay, etc.
Further a network of agents were hired to attract new customers /members, referral codes were then sent privately to invite the new members. These online wallets had lax due to diligent mechanisms and their non-reporting of suspicious transaction to the regulatory authorities helped the accused companies to launch pan India activities. And Paytm app being taken out of the google play store was the result of this situation.
Paytm Is Not In Play Store
The affect on Paytm First Games
Best bonus gambling sites poker. This also comes as a huge blow for Paytm as it was also planning to launch Paytm First Games on the 19th September. Paytm First Games is an Indian Digital payments leader’s platform into the fantasy game segment and had also made Sachin Tendulkar as its brand ambassador. The app had aimed to get over 100 million users during the upcoming Indian Premier League and had planned over 200 live events on the platform over the time range of six months.
Paytm Response To This
When asked about this decision, the CEO of Paytm Vijay Shekhar said that companies like Facebook and Google have the responsibility to hep the growth of Indian Startups and the ecosystem. He also added that he thought Google was acting like the judge, jury and executioner because it has the power to remove apps from the App store.
Paytm had earlier put out their official statement, in which they stated that they observed google has been using its policies, rules and regulations selectively allowing a few large companies like Paytm First Games to distribute and list their respective Real money gaming apps on play store, without any action, hindrance by google play store and supporting this unfair trade and practices.
The statement also included that FIFS took this matter up and reached out to google to protest against this unfair trade practice. Paytm also has insisted that is a level playing field is not re-establishes , we may be forced to seek any other advice including legal action. Promotion of MPL in times portfolio companies including Cricket Buzz, Gana, MX player has also been stopped. And ended it by saying that they were confident and will be able to convince them to allow all our member apps on the Play Store.
The Current Situation
Later on in the day, Paytm has successfully managed come back on Google play store as CEO of Paytm Vijay Shekhar, Tweeted saying that 'Thanks everyone for your support! Paytm App is back, live in Play Store. We launched a UPI CashBack campaign this morning. Our app got suspended by Google for this. India, you decide if giving cash back is gambling.
Google on Friday restored the Paytm app on its Play store after removing it for a few hours for violating its policy on sports betting activities.
The app was back on the Google Play store on Friday evening after the Softbank-backed Paytm removed the 'cashback' feature from a recently-launched game on the application.
'Update: And we're back!,' Paytm said in a tweet.
On Friday morning, Google removed the Paytm app -- which facilitates use of wallet and payments bank services -- from the Play store.
However, users who had already downloaded the app could continue using the services.
'The app was blocked for violation of Play policies - a clarification of our policy was released earlier today ahead of the IPL tournament,' Google said in an e-mailed response, adding that only the app availability on Play store was impacted.
Google, in a blog post earlier on Friday, had said it does not allow apps facilitating sports betting and will remove such apps from the Play store.
These policies are in place to protect users from potential harm, it added.
'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,' the blog post said.
Paytm founder Vijay Shekhar Sharma said the company has already removed the scratch cards which offered the cashbacks, complying with Google's concerns.
Stating that Google was not allowing it to acquire new customers by blocking Paytm's promotion, Sharma said India needs support for further growing the startup ecosystem.
'(Platforms like Google) are dominating platforms and with power comes responsibility. I believe that they should be responsible for this country's growth and startup ecosystem.. India's ecosystem needs support, not stifling of innovation,' he told news channel CNBC-TV18.
A Paytm spokesperson said the company had recently launched the 'Paytm Cricket League' on its consumer app for users to engage in their passion of cricket and get cashbacks.
'The game allows users to get player stickers after each transaction, collect them and get Paytm Cashback. Cashback is legal in India and we strictly follow all rules and laws of the land.
'Unfortunately, Google believes this to be a violation of its policies and has unlisted the Paytm Android app from the Play Store,' the spokesperson said.
The spokesperson added that the cashback feature has been removed and confirmed that the app has been restored on the Play store.
Google, in its blog post, had said that when an app violates its policies, it notifies the developer of the violation and removes the application from Google Play until the developer brings it into compliance.
'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,' the blog post by Android Security and Privacy Vice President Product Suzanne Frey said.
There is often a surge in launches of such apps before major sporting tournaments like the IPL.
The latest season of the Indian Premier League is scheduled to start from September 19 in the United Arab Emirates.
Meanwhile, Sonam Chandwani, Managing Partner at KS Legal & Associates, said, 'Enforcement of compliance with Google's policies one day before IPL is scheduled to kickstart, is a preemptive attempt by Google to reinstate and remind developers of its stringent gambling policies.'
She said in India, legislation puts a blanket ban on sports betting but fantasy sports is not illegal in most states.
'However, Google's policies will have an over-arching implication on apps in its Play Store.
'An undetermined implication would be the compliance of its policies by sports fantasy apps like Dream 11 and MPL that are not directly available on the Google Play Store platform but feature in advertisements and inducing similar effect on its user, eventually leading to a violation of its gambling policies,' she noted.
In a statement, the Federation of Indian Fantasy Sports said it had sought clarity from Google to ensure a level-playing field for all fantasy sports apps.
FIFS also said it has never asked for any company, such as MPL or Paytm, to have any negative repercussions whatsoever.
'We are here to protect all our members no matter their business size and treat all members/non-members the same.
'In the past, FanCode and SportsTiger, sister brands of Dream11 and MyTeam11 respectively, were removed from the Google Play Store for violation of Google Play Store's policy as they were promoting their Fantasy Sports Apps,' it added.