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Tez, Google's new mobile payments app for India, is official

Tez, Google's new mobile payments app for India, is official

Global technology giant Google has finally launched its own UPI-based-payment-app Tez in India. Simply link your account to Tez over UPI and instantly transfer money from bank to bank.

India is clearly moving a step closer towards becoming a cashless economy, thanks to Unified Payment Interface (UPI).

For money transfers, there is a limit of $1,561 (INR1 Lakh) in one day across all UPI apps, and 20 transfers in one day.

Last week, there were reports tipping that Google will launch a digital payment app in India. The app works as a mobile wallet and allows users to transfer money directly from their bank account. It also supports various local languages including Hindi, Bengali, Gujarati, Kannada, Marathi, Tamil and Telugu. With UPI, a user can just rely on the mobile number of the VPA (Virtual Payment Address) to make a payment straight to the bank account, rather than requiring the full bank account number, IFSC code, etc as is needed in most cases.

Speaking about the bank, yes you need a bank account as you link it with the app when you register, and you also need a UPI pin as well.

On Google Tez, transactions are shown like simple conversations. The app is also available on iOS with support for iPhone 4S and newer, thus covering a very good portion of the smartphone market. You can also cancel requests.




Since most the government supported apps such as BHIM are bad to use, Google's app comes as a breather. Google's newly introduced feature Cash Mode enables one to pay without sharing bank details or phone number.

Tez now supports 55 Indian banks including popular ones like the ICICI Bank, State Bank of India and HDFC Bank.

Once the user reaches the interface, they will be prompted to enter their bank account number and verify their ownership of the account. So for example, the next time you're eating at Dominos or traveling through RedBus, you can make digital payment using Tez.

Google has officially unveiled a brand new payments platform called Tez in India, jumping into the growing digital transactions space in the country. It is available for both iOS and Android operating systems.

The app allows users to make the payments through 3 modes.

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