Good News: Google’s New Payment App Called “Tez” Details Info :- Well, as you all may know that Google is all set with their new app called “Tez” which is all set to release. You all are surely going to love this app and the perfect news is they designed this app only for the Indian customers. “Google Tez, a new digital payments app based on NPCI’s UPI platform announced for India. Google’s VP for Next Billion Users Caesar Sengupta launched the app at an event in New Delhi in the presence of Finance Minister Arun Jaitley.
Yes! This app is already launched in Indian market with the Google’s Tez app. Also, the reports are saying that this app will be available for Android and iOS users. One thing which may attract people towards this app is that unlike a Paytm or MobiKwik this is not a mobile wallet nor is this a modified version of Android Pay. Tez is built on UPI and allows for payments directly via bank accounts, thanks to the UPI platform.
Google’s New Payment App Tez
“Google Tez app is designed for India and made in India. It supports seven Indian languages and more will be on the way. Our focus with this is on digital payments,” explained Google’s Caesar Sengupta (VP for Next Billion Users). Sengupta also announced Google will partner with companies like Nokia (HMD Global), Micromax, Lava, Panasonic, and Xolo for pre-loading the Google Tez app on upcoming smartphones from these brands.
Google’s Tez app will remind users of other UPI-based payments app. It has a chat-based UI, and a user will require their Gmail account as well as a working mobile number in order to carry out transactions. Google says it has partnered with HDFC, ICICI, Axis and SBI bank to power the payments service in the app. ALsom, the reports are saying that this app is very easy to use and anyone can use it. This doesn’t mean the app is limited to just these four banks, all 55 banks which support UPI can be linked to the Google Tez account.