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Google India: Google Tez renamed as Google Pay, you can get pre-approved loans

Google India: Google Tez renamed as Google Pay, you can get pre-approved loans: Well, you all should know that the Google Tez was launched in the Indian market but didn’t really work out because of the competition with Paytm and other apps. Now, the company Google isn’t the one who let other wins which is why the Tez has been revamped, and its updates were announced at today’s ‘Google for India 2018’ event. Reports are coming that Google Tez has been renamed Google Pay.

You all should know that with a new name the app will able to pay instant loans through the service. As part of this service, Google will partner with leading banks in India such as Federal Bank, HDFC Bank, ICICI Bank, and Kotak Mahindra Bank, among others. Reports are coming that the company’s UPI payments platform will not be changed in terms of user experience which means that the UI will go to be the same for sure.

Some reports are coming that the even when the name changes to Google Pay, Tez users will be able to see the same home screen, bill payment links, contacts. etc. You all should know that the tech giant has announced that Google Pay will make users pay more online, through in-store and online options. Users will soon by able to apply for pre-approved loans from major banks via Google Pay, through the upcoming update of the app.

Reports are coming that the Tez is being used by more than 1.2 million small businesses, the company intends to partner over 1.5 lakh retail stores by Diwali. You all should know that Google India, said that building apps in India implies that Google would be building for a global audience. Google Pay will continue to offer instant mobile recharges, gifting options like a birthday gift, as well as promotional coupons that vary with different payments.