Paytm executives allege that the move was an act of retaliation for Paytm’s push towards the government-backed UPI payment system. The two firms have long been competing over India’s digital payments market, with Paytm accusing Google of deliberately thwarting its efforts to acquire new users by limiting its marketing campaigns. However, this claim has been refuted by the leaders of India’s fastest-growing start-up, who consider the move to be nothing more than Google’s latest attempt to weaken its popular rival. The US-based tech giant justified the move by stating that Paytm repeatedly violated its Google Play Store guidelines, specifically those related to gambling.

Google pulls Paytm, sparking concerns of app store monopoly in IndiaĬoncerns over the monopolisation of the app stores have surfaced in India after Google removed mobile payment service Paytm’s app from its Play Store last week. In today's ExchangeWire news digest: Google is accused of anti-competitive behaviour in India after removing Paytm from its Play Store TikTok's interim CEO calls on Facebook and Instagram to support it against a fresh ban from the US government and the Australian government bolsters AAP with a $5m cash injection.

Paytm vs google play store