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Google Play store removes Paytm app citing gambling policy
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SME Times News Bureau | 18 Sep, 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.
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