Paytm is after all a digital banking service provider. If Google removed the app outright from the Play Store, it goes on to show the kind of power an American company has over Indian digital.

Why Paytm Removed From Google Play

It is very surprising to know that the Google Playstore has removed Paytm all of sudden. If you search on PlayStore for Paytm app or One97 Communication Ltd (owner of Paytm), then you won’t find it (as on 18th September 2020). Other apps of Paytm like Paytm Money, Paytm for Business, Paytm Mall and other owned by this company are still available. The app is also available on Apple Store. Here is the reason behind this big action taken.

The Reason Behind this Big Decision

1. 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.
2. Hope you are enjoying the new products and features we are constantly pushing at Zerodha. Better yet, we have several big announcements scheduled over the next few weeks. We have always taken the approach of building the best products for you and let word of mouth marketing spread the goodness. We have refused to raise.

The Google team have revealed that the Paytm app was continuously violating Google policy and rules. Even after getting notified with various allegations, they still were making various violation of policy. Actually, the Paytm app used to promote various online gambling and various fantasy sports app and will lure its customers for betting and earning cash through third-party websites. This is strictly against the policy of Google Playstore. In a statement, the PlayStore has made a statement:

“We never promote or induldge money in online gambling or redirect the user to websites”.

“We have the same goals for our gambling policy. 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,” wrote Suzanne, Vice President of Google Play Store.

After getting removed from the Play Store, the Paytm made a statement on Twitter saying, “ Paytm Android app is temporarily unavailable on Google’s Play Store for downloads or updates. It will be back very soon. All your money is completely safe, and you can continue to enjoy your Paytm app as normal”.

Why Paytm Has Been Removed From Play Store

It have been stated by Google very clearly about prohibition of online casinos and other unregulated gambling apps such as fantasy sports like Dream 11, Paytm First Game. These apps would take consumers to an external website which allows them to participate in paid tournaments for real money, which also violates Play Store policies. It also requested to everyone, not to invest such money and amount on these fantasy sports.

What is a Fantasy Sports App?

As the name suggests, Fantasy means imagination, so as the sports played. Like Dream 11 (cricket), Rummy, Ludo, Esports on Paytm First, etc. In these apps, a player used to invest a little amount and play with other players all over the world. After winning, the amount is credited to Paytm Wallet.

But in Dream 11, a player have to gamble an amount to a Team or Player in Cricket, with a prediction. On correct prediction, the amount is credited to the player account. This was the main turn over, which resulted in removal of Paytm from the play store.Paytm Fantasy Sport games consist of highly engaging games, including arcade, fantasy games, and thrilling battleground games.

In fantasy games or sports, fans build their own imaginary teams based on points that the real-life players generate through their on-field performances. The fans win or lose is decided by the performance of their selected players and teams in real tournaments.

Why Paytm Removed From Play Store

Will paytm be back in India on playstore?

Yes, you don’t need to worry about your money pending. As per the official announcement by the Paytm Official and tweets, it’s only removed due to violation of Google Playstore’s policy and will be back very soon. However, it’s suggested that you must not link your account with such online fantasy games and platforms, as they might hold the amount. Because there are continuous changes in policy. Therefore, you must read them carefully.

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%.

Why Paytm Removed From Playstore App

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.

Why Paytm Removed From Play Store In Hindi

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.

Why Paytm Gets Removed From Play Store

you can use paytm’s official webisite for using your wallet money website: www.paytm.com

Why Paytm Removed From Playstore Free

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