Will money from Paytm lost after ban of Paytm app from play store

Will money from Paytm lost after ban of Paytm app from play store

Will money from Paytm lost after ban of Paytm app from play store. The payment app Paytm has been removed from the Google Play store for violating the gambling policy of Google. Its users are worried that their money may not be lost. In such a situation, Paytm has assured all its users that their money is safe and Paytm will return to the Google Play store soon. Paytm told its users by tweeting, even though Google Play Store has removed Paytm app from its platform, but don’t worry, your money is completely safe and you will be able to take advantage of Paytm service as soon as before .

Will money from Paytm lost after ban of Paytm app from play store

This is the first time Paytm has been removed from the Play Store. However, other apps of the company such as Paytm Money, Paytm Insider remain this platform. They have not been removed. Let us tell you that Google Play Store has removed Paytm from its platform because it was promoting gambling. The company is alleged to have promoted its fantasy gaming platform Paytm First Games, a violation of Google’s gambling policy.

Sachin Tendulkar made brand ambassador

Google has removed the Paytm app from the Play Store at a time when the IPL is about to start a day later. This tournament will run for the next two months. During this time many websites get involved in such sport gambling. Experts say that many such fantasy gaming platforms often launch before big sporting events like IPL. Recently, Paytm First Games has appointed cricket legend Sachin Tendulkar as its brand ambassador. Announcing this, CEO Vijay Shekhar Sharma from the company said that Sachin is the pride of our country and represents the dreams and aspirations of crores of youth.

The company will invest Rs 300 crore

There are over 200 live events of football, hockey, etc., including domestic and international cricket tournaments, over the next six months on the fantasy gaming platform Paytm First Games. CEO Vijay Shekhar Sharma from the company said that about 50 games are available on this platform right now, which has more popular fantasy sports than most. He said that currently 8 crore people enjoy fantasy sports on this platform and the company plans to invest Rs 300 crore for its expansion