Why Paytm Removed From Playstore
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.
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. WHY Paytm is removed from Google Playstore Paytm, the popular wallet app, has been pulled out of Android's Google Play Store.Alongside the main application, the Paytm First Games app has also been. Take A Sneak Peak At The Movies Coming Out This Week (8/12) These 13 celebs wrote children’s books; Scorsese & DiCaprio met with Osage Nation to accurately portray cultural details in upcoming movie.
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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In case you are frequent with online payments, you must have heard about the popular app Paytm, which allows one to make and receive payments. Today, Google pulled the app from the Play Store for repeated policy violations, meaning one can no longer find the app in the Play Store. Why is it so? And, why did Google do so? Let us discuss in brief.
Why Paytm was removed from the Play Store?
Google in its official blog post said that the Play Store prohibits online casinos and other unregulated gambling apps that facilitate sports betting in India. This move comes just a day before the beginning of the Indian Premier League (IPL) which is notoriously famous for being a prime reason for betting.Paytm, which promotes fantasy sports services within its marquee app, repeatedly violated the policies of the Play Store, stated two sources.
Why Paytm Removed From Playstore Phone
Additionally, Paytm’s fantasy sports service, Paytm First Games, was also removed from the Play Store for the same reasons. Google stated that if an app leads consumers to an external app or website that allows them to participate in paid tournaments which may result in winning money or cash is also in violation of these rules. Paytm is yet to respond to these claims by Google.
Why Paytm Removed From Google Play
“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 the play store until the developer brings the app into compliance”, wrote Suzanne Frey, VP, Product, Android Security, and Privacy, in the above-mentioned post. She added saying, “In the case where there are repeated policy violations, we may take more serious actions which may include terminating Google Play Developer accounts. Our policies are applied and enforced on all developers consistently”.
What are your thoughts on the whole situation? Let us know in the comments below.
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