Google launches payment app 'Tez'

Image google tez  screenshot

However, it will first need to address challenges that are specific to India's e-payment market, before it can become a success. You can download the APK file of the Tez app from here Google Tez APK 1.0.085_RC15.

In a blog post, Caesar Sengupta, vice president, Next Billion Users Team wrote: "Small businesses can also use Tez to accept payments directly into their savings or individual current accounts (subject to regulatory limits)". To know more, visit the source link below. This is VPA. This allows instant payments without having to enter receiver account details. Google's new app Tez is a mobile wallet which links your phone to your bank account. This is the Government's service to integrate banks to such applications. Rather, it is built along the lines of popular apps in the West, so it works as a bridge between the user's bank and the app, notes TechCrunch.

The website further says that "Tez uses UPI (Unified Payments Interface) and works with all major banks, including our partners: Axis, HDFC Bank, ICICI and State Bank of India (- in fact, all banks that use UPI)". Other networks such as Dominos, RedBus, JetAirways.

Tez is launched today by Google in India after much speculation and buzz for several days. Also, besides English, the app supports languages like Hindi, Bengali, Gujarati, Kannada, Marathi, Tamil, and Telugu. You can refer the app to as many people as you want although the maximum reward is limited to the Rs 9000. Up to 20 transactions can be completed in one day.

Google has trademarked the "Tez" name in other Asian countries as well, specifically, Indonesia and the Philippines.

Google has joined the fleet of digital payments through launching its new app "Tez". You can download the Google Tez app by heading over to Google Play Store or Apple App Store.

"This was deliberate. We wanted to make digital payments as simple as paying via cash", the executive said at an onstage event.

Image google tez  screenshot
Image google tez screenshot

Google Tez app has been launched on September 18, 2017. Moreover, it supports about seven Indian languages.

Make sure to choose Google account to get notifications, verification and everything related to your new Google Tez account.

The app will receive regular updates incorporating better features and improvements.

This is all you have to do, you are on the home screen of this app.

Through this fast UPI based payment application of Google one can send money and receive money directly to the bank accounts. All this without sharing bank details or phone numbers. If you need to pay for and split a bill for a meal, for example, you can use Tez make payments.

On the other hand, an estimated 53 percent of the country's population has bank accounts.

Google also has a cash mode option in the app, which is a proximity based transfer. To stand out in the crowd, Google has baked in additional features in its offering.

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