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The PayTM First Games allow people to bet on fantasy teams and earn real money through its platform. As per Google, PayTM had started facilitating sports betting on its platform through its The real reason for Google taking down PayTM from its Play Store is based on a recent games service that the app offered to its users. Why Paytm is removed from the play store? This also means that it cannot be treated as a “Chinese app” for an allout ban on its operations. Though there have been occasional uproars on the company’s Chinese investment, the fact remains that the digital payment gateway has been founded and developed completely in India by Indian developers. For those unaware, Ant Financial is an affiliate company of the Chinese Alibaba Group and enjoys a position as the world’s highest-valued FinTech company, with a valuation of $150 billion. Though the company is completely Indian, PayTM lists Ant Financial, a Chinese bigwig, as its major investor. This is wherein its Chinese connections come to light. The company started with an initial investment of $2 million, eventually raising much more capital from international investors. It was founded in August 2010 by Vijay Shekhar Sharma who is now the Chief Executive Officer of the firm. PayTM is owned by an Indian company by the name of One97 Communications Ltd. While most use a UPI based payment system, PayTM’s digital wallet gives it an edge over others, having the most number of users in India in the category.
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The app is much like many other services like PhonePe, Google Pay and others. Paytm App Origin CountryĪs will be known to many, PayTM is a digital wallet and payment app that lets users make online payments for their purchases to vendors. The arising confusion has led to an increase in search on questions like “Who owns Paytm?” or “Is Paytm Chinese?” Here we address some of these questions, along with the real reason why PayTM was taken down from the Play Store. Amid a wave of Chinese apps being banned in India due to data security reasons, the move comes as a puzzler to many, raising doubts about the origins of PayTM and its Chinese connections.
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Our vaccine finder will help citizens seamlessly book slots at the nearest centre and get vaccinated.In a surprise development, Google took down India’s most used digital wallet service PayTM from its play store in the country. With the slot booking option now available on the app, users across the country can successfully complete their vaccination process.Ī Paytm spokesperson said, "It is our endeavour to help India come out of this pandemic a lot stronger. The company said that over the last several weeks Paytm users have checked for the availability of vaccination slots via Paytm. In May, as vaccination opened for all in India, the company had launched Vaccine Finder on the app, with advanced filtering options that helped the user generate leads for vaccine booking, including information such as the type of vaccine available and the fee charged for it. The service would help people seamlessly book vaccination slots and gain immunity, helping in fighting the ongoing pandemic. Paytm users can now search, discover and also book their vaccination slots for both Covaxin and Covishield at the nearest centre through the Paytm app. New Delhi: Digital financial services platform Paytm has announced the launch of vaccination slot booking in addition to its Vaccine Finder service on the app.