The compatibility was debuted on Android but is yet to make its way onto iOS devices. Last month, Paytm started rolling out BHIM-UPI compatibility via its payments bank. This achievement will offer us a strong boost as we work towards our goal of making India a digital-first economy," said Deepak Abbot, Senior Vice President - Paytm, in the statement.
"We are overwhelmed with the 100 million downloads mark, reaching this milestone is a testimony to the efforts of the incredible team at Paytm. In a press statement, Paytm claims that it has become the most preferred payments app in the country, allowing users to scan its QR and pay at large merchants, grocery and kirana stores, milk-booths, local taxi/auto fares, petrol pumps, multiplexes, and restaurants among others. The latest growth emerges weeks after the Paytm app has received BHIM UPI functionality via Paytm Payments Bank. The app hit the milestone in the second week of December. Paytm Mini App Store offers a dashboard to developers for analytics, payments collection along with various marketing tools to engage with the users.Paytm on Wednesday announced that its Android app has become "India's first payments app to cross 100 million downloads on Google Play". Any transactions using Paytm wallet, Paytm Payments Bank account and UPI would be at zero charges and 2 per cent for other instruments like credit cards. Paytm - which competes with Google Pay in the fintech space - had said the listing of apps on its platform would be free. It was then that Google had said it was extending the time for developers in India to integrate with the Play billing system to March 31, 2022. There were also calls for a local app store to offer more choice to developers and consumers. Google has faced ire from Indian developers with many saying the tech giant cannot force Indian app developers/owners to sell digital services by compulsorily using its billing system. In the days that followed, Google clarified its Play policies to say that apps that chose to sell digital content through its Play Store, would have to use Google Play billing system and pay a percentage of the in-app purchase as a fee. Paytm had alleged that it was “arm-twisted” by the search engine major to comply with its biased Play Store policies “that are meant to artificially create Google’s market dominance”. The app was later restored after the fintech app removed the ‘cashback’ feature linked to a game on the app. On September 18, Google had blocked Paytm from its Play Store for a few hours for violating its policy on sports betting activities. This would help users with limited data and phone memory.
Download paytm app download#
Mini apps are a custom-built mobile website that gives users app-like experience without having to download them. Paytm had announced the launch of its Android Mini App Store earlier this week, just weeks after Paytm’s app was blocked from Google Play Store for a few hours for violating the Google’s policy on sports betting activities. These apps are expected to make their way to the Mini App Store soon. Paytm had said over 300 app-based service providers have already joined the programme, including the likes of Decathlon, Domino’s Pizza, FreshMenu, Netmeds, NoBroker, Ola, and more. We are announcing a Rs 10 crore investment fund for app developers.these investment terms will be one of the most lenient investment terms that you can expect,” Sharma said. “Programmers and developers in India can build, they are not just the back office developers.We are the developers who can build the best apps. He added that the company is committed to developing India’s technology ecosystem. “App developers are dependent on a giant monopoly, Google and Google has started to play like a toll collector instead of trying to enable the ecosystem only.we will bring one million app before Google opens its charging obligation on each Indian developers,” he said. Paytm founder Vijay Shekhar Sharma - who has been vociferously voicing his concerns around the “monopolistic” behaviour of the US-based company - said with its steep 30 per cent fee, Google has started to play the role of a “toll collector” instead of enabling the ecosystem. The company will also invest Rs 10 crore for the app developers on its platform. Paytm on Thursday said it aims to support one million apps on its recently launched Android Mini App Store as part of its efforts to support Indian developers and compete against tech giant Google.
0 kommentar(er)
