Google has pulled down Paytm from its Play Store.
This follows a blogpost from the tech giant about its gambling policy which stated that it doesn'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.
Post that, Paytm via a post on social media has reassured its users that the app will be back on the Play Store very soon and all the money users have on the app is completely safe.
Google stated that the policies are in place to protect users from potential harm.
According to an article from Techcrunch, Google has similar guidelines around gambling in most other markets. The company has asked developers to pause all advertising campaigns in their apps to drive users to websites that offer installation files of sports betting apps.
Top news, insights and analysis every weekday
Sign up for Campaign Bulletins
7 hours ago
Moves from Disha Communications
9 hours ago
Moves from Asianet
16 hours ago
Watch the films conceptualised by Leo Burnett here