Paytm’s Sharma asks govt. to intervene
Paytm’s Vijay Shekhar Sharma on Thursday stepped up his combat in opposition to Google as he sought authorities intervention to assist create a degree enjoying discipline in order to “not allow somebody [to hold] to ransom” Indian app developers and to guarantee all stakeholders complied with Indian legal guidelines.
He additionally alleged that Google was performing like a “toll collector instead of trying to enable the ecosystem”.
Mr. Sharma has rallied about 100 homegrown corporations in opposing Google Play Store’s new norms mandating the usage of its billing system after March 2022, which might entail app developers needing to pay 30% transaction payment for all digital items offered through their apps to Play Store. The group additionally plans to kind a united entrance in opposition to international corporations equivalent to Google, Apple and Facebook, he mentioned.
Paytm goals to onboard a million apps on its new Android ‘mini app store’ within the subsequent 12 months or so, coinciding with the deadline for brand new Google Play guidelines, Mr. Sharma mentioned, saying a ₹10 crore “equity investment” scheme for mini app developers within the nation.