Paytm Ipl Betting
Paytm launched its bank in 2015 named “Paytm Payments Bank” after receiving a license from Reserve Bank of India. It was created as a separate entity with Paytm founder Vijay Shekar Sharma owning 51% share. The Bank was officially inaugurated in 2017 by the Indian Finance minister, Arun Jaitley. Depositing money on a betting site via Paytm is very fast, indeed! After completing the transfer, usually, it takes only a minute or two for the money to be credited into your betting account. However, in rare cases, it may take up to 3 hours for the money to arrive.
New Delhi: Google on Friday said it has removed Paytm app from the Play Store for violation of its policy on sport betting activities. Paytm will not be available for download now but there will be no impact on existing users of the app.
In a blog on Friday, Google said it does not allow apps facilitating sports betting and will remove such apps from the Google Play Store.
“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,” the blog post said.
According to the blog post, these policies are in place to protect users from potential harm.
“The app was blocked for violation of Play policies — a clarification of our policy was released earlier today ahead of the IPL tournament,” Google said in an e-mailed response on Friday.
Google said when an app violates these policies, it notifies the developer of the violation and removes the app from Google Play until the developer brings the app into compliance.
“And in the case where there are repeated policy violations, we may take more serious action which may include terminating Google Play Developer accounts. Our policies are applied and enforced on all developers consistently,” the blog post by Android Security and Privacy Vice President Product Suzanne Frey said.
Paytm Ipl Gambling
Google also said that only the app availability on Play Store is impacted and there is no impact on users.
In a tweet, Paytm said its 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,” it added.
Paytm is a popular app for digital transactions.
There is often a surge in launches of such apps before major sporting tournaments like the IPL. The latest season of the Indian Premier League (IPL) is scheduled to start from September 19 in the United Arab Emirates.
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