Twitter broke loose with posts from puzzled Paytm users who took to the social media site while the payment app was pulled down from Play Store all of a sudden. While there has been no official announcement from both the ends, confusion prevailed for a certain time while Google cleared the air stating that the app has violated the search engine’s gaming and betting policies.
In clarification, Google said that the Play Store prohibits online casinos and other unregulated gambling apps that facilitate sports betting in India. Google said that only the app available on Play Store is impacted and there is no impact on users. It can be noted that Fintech recently launched the fantasy sports service, called Paytm First Games while IPL 2020 right around the corner.
The fintech major’s subsidiary has recently roped in cricket legend Sachin Tendulkar as its brand ambassador. Responding to crores of worried customers, Paytm, in a statement shared on Twitter assured that all the money with Paytm is safe and consumers will be able to use the app for their regular transactions as usual.
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 to enjoy your Paytm app as normal.
— Paytm (@Paytm) September 18, 2020
Paytm First Games is betting majorly on fantasy cricket leagues, giving competition to platforms like Dream11, Halaplay and Mobile Premier League. The app, however, is still available on iOS, the play store run by Apple.
The report also adds that Google has asked some companies in India to press pause to all the advertising campaigns that lead users to websites that “offer installation files of sports betting apps.”