Google Launches Digital Payments App
- Author: Delia Davidson Sep 19, 2017,
Sep 19, 2017, 0:36
That's huge. With the support of huge banks, that ensures Tez will work for the vast majority of users in India, allowing them to transfer money to each other regardless of bank provider they're with.
The app supports seven Indian languages, including Hindi, Tamil, Bengali, Gujarati, Telugu, Kannada, Marathi, apart from English.
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Google Tez is available for download in India. It is powered by Unified Payment Interface (UPI), a payments protocol built by government-backed organisation NPCI. The app also lists all the user's contacts who are also using the Tez app. For this Google have been working in coordination with multiple banks. Most UPI based payment apps allow transactions up to Rs 1,00,000 and up to 20 transfers a day, similarly the Tez app also works on alike set of rules. However, transactions must be Rs 50 or more per user. If you can't see it on the Play Store and would like to have a look of your own for whatever reason, you can grab it from APK Mirror.
Google has introduced an all-new payment app named Tez in India.
If your primary number is the one linked to your bank account, then you need to make sure the smartphone has that SIM inserted in it. This saves you from the hassle of remembering complicated bank numbers.
Merchants and traders can also make use of the app by simply linking it with their bank accounts but before doing so, they have to show their interest by applying for the service. At launch, on Monday, Google partnered with PVR Cinemas and redBus, which will offer the Google Tez option to consumers to make payments. With direct transfers from and to the customers' bank accounts the app will not require to go through an extra step of topping up wallet balance. Google has teamed up with HDFC Bank, State Bank of India, and ICICI for backend processing of the app. Or else, there is also a specific QR code for making payments by directly scanning the code.