Skip to main content

Google Has Different Rules For Itself: Paytm

 


Following the high drama between Paytm and Google on Friday, the Noida-based mobile payments company on Sunday evening accused Google of having a different set of policies when it comes to its app.

Paytm said Google Pay is running a similar cricket-themed cashback campaign called 
Tez Shots which offers rewards up to Rs 1 lakh based on points and a lucky draw.

Search engine giant Google hit back, saying that action was taken due to repeat violations and it does not discriminate among platforms in its policies.

‘Offering fantasy gaming is core violation of policies’


On Friday, Google had taken down Paytm from its app store for several hours, before restoring it later in the evening, due to a cricket sticker promo on payments run by the company. The Alibaba- and Softbank-backed firm said that in Tez Shots, different scores starting from 50 to over 1,000 can result in rewards and discounts on different services that users avail via the Google Pay app. "Presumably, such cashback campaigns of Google Pay are not in breach of Play Store policies, or maybe they are, but a different set of rules apply to Google’s own apps," the company said in its post.

When contacted, a Google spokesperson said that cashbacks and vouchers are not the core violation of the policies but offering fantasy gaming is. 
Paytm First Games is the platform through which the company is present in fantasy gaming, recently outlining a Rs 300-crore budget to promote the business and hired Sachin Tendulkar as brand ambassador.

“Our policies don’t allow online casinos or support any unregulated gambling apps that facilitate sports betting, including daily fantasy sports in India... In the case of repeated policy violations, we may take more serious action which may include terminating Google Play Developer accounts,” said the Google spokesperson.

On the promotion of Paytm First Games through its main app, it said Google had alerted it three times — on August 20, August 28 and September 1st — raising a red flag on the matter.

TOI had reported on Saturday citing this was one of the concerns raised by the internet search giant. “While we strenuously disagreed with allegation that we are breaching the policy (and we disagree with the policy itself too), we immediately complied with diktat that barred us from promoting our gaming subsidiary,” Paytm said.

“We wish to make it clear that driving traffic or promoting fantasy sports is not gambling! Conveniently, Paytm First Games can do a paid promotion on YouTube (which is owned by Google), but it is not allowed to do the same advertisement on the Paytm app, as per Google policy,” it added.

Sandip Ginodia , CEO

ALTIUS INVESTECH PVT LTD

We deal in over 60 unlisted companies with 15 years of experience 

For latest prices visit : www.abhisheksecurities.com/unlisted.htm / call : 09830271248 .

Email : ginodiasandip1@gmail.com

Comments

Popular posts from this blog

Reliance's JioMart is averaging half a million orders per day; WhatsApp driving growth

  JioMart , Reliance's online-to-offline commerce  platform that launched in May , has scaled up rapidly, riding on the pandemic-fuelled digital acceleration. The service, which went   live in 200 cities across India, is currently processing an average of  500,000 orders per day. " We can go even higher on peak days",  Jio Platforms CEO   Kiran Thomas  revealed at the Facebook for Fuel India 2020 event. He said, "JioMart is empowering millions of  kiranas  and small merchants through the simple and secure platform of WhatsApp, and linking them to Reliance Retail's pan-India supply chain. We expect to grow manifold in future, and are optimistic about enabling new cohorts of users and making it easier for them to shop for daily essentials."  "Customers are transacting seamlessly on JioMart and the  conversational nature of the service  enabled by WhatsApp has made people adapt to it intuitively," he added. Reliance also stated that it will continue t

Stock broker SMC Global files for IPO

F inancial services company SMC Global Securities has filed draft red herring prospectus with SEBI for public issue of 1,58,67,380 equity shares of face value of Rs 2 each. The issue comprises a fresh issue of 79,33,690 equity shares by the company and an offer for sale of 79,33,690 shares by Millennium India Acquisition Company Inc. As of September 30, 2012, "We service our broking clients through a network of 43 branches and 2,521 registered sub-brokers and authorized persons spread in more than 500 cities and towns. We have also established an office in Dubai for brokerage and trading activities in that region," the company said. SMC has reported a loss of Rs 0.42 crore and total revenues of Rs 292.24 crore in the year ended March 31, 2012. "The proceeds of the fresh issue shall be utilised for margin maintenance with stock exchanges; part repayment of term loan; investments into subsidiary, SMC Comtrade; and general corporate purposes," according to p

Zomato, Swiggy score 1/10 on working conditions for their workers – ET Retail

Some of India's biggest startups have ranked near the bottom when it comes to  working conditions  for their gig  workers , according to a report released Wednesday. While  Swiggy ,  Zomato  and Uber India scored 1/10, Urban Company and Flipkart’s logistics arm EKart scored the highest 8/10 and 7/10, respectively, ‘ Fairwork India Ratings  2020: Labour Standards in the Platform Economy’  showed . The report assessed the companies on five principles: fair play, fair conditions, fair contracts, fair management, and fair representation. Deepinder Goyal, chief executive officer of Zomato Media Pvt. Ltd., acknowledged the ratings on Twitter. “Zomato ranked at the bottom of 2020 Fairwork India scores. We knew we had things to work on, but we didn’t know that there is so much room for improvement.” The company takes full responsibility and “will leave no stone unturned to perform better in the rankings next year,” he added. Zomato received a 4/10 in last year's report. According t