Digital payment bound to pick up with new technology: Arun Jaitley

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Digital payment bound to pick up with new technology: Arun Jaitley

Google is working to add more businesses into their fold.

Tez is a payments app that is Unified Payments Interface-enabled and is targeted for Indian customers, unlike Android Wallet. It would be unveiled for both iOS and Android as a standalone payments app, supporting various local languages as- English, Hindi, Bengali, Gujarati, Kannada, Marathi, Tamil, and Telugu. The app isn't heavy or bloated and weighs in at 7.3 MB. Banks like State Bank of India, HDFC Bank, Axis, ICICI bank and several other banks which support UPI are supported by Google Tez.

Google is trying to boost the credibility and usage for its recently launched UPI in previous year among the users.

TEZ is safe and secure, Google TEZ's multi-layered security and 24/7 protection via TEZ shield allows users to make transactions with confidence.

Interestingly, Google Tez will not function on rooted smartphones.

Some users root their phones to enhance the functionality and enjoy the extra access they get to the file system, and some of them go ahead to install a custom ROM if the actual interface on the phone is not likeable. This too, is a move which has been made keeping security in mind. Google has introduced an additional PIN layout to protect any unauthorized usage.

Enter your Registered Phone number that is linked to your Bank Account.

To use Tez, you will need to be physically located in India when establishing your Google Account on Tez, have an Indian bank account and an Indian mobile number. Google Tez, on the other hand, will require initiative from businesses themselves which can take awhile.

Inviting: they're giving Rs 51 to users when their invited friends make a payment. The UPI powers this app and the NPCI which is the Government-backed organisation built the UPI which is the payments protocol.

According to a tweet sent out by the Ministry of Finance on Friday, Finance Minister Arun Jaitley will be launching Google's Tez app at an event in New Delhi on Monday.

A scratch card option if you pay anyone Rs 50 or more this week, with a chance to win Rs 1 lakh. This is expected to help spread the app.

Soon, the app will also let the user make payments using the debit and credit cards. Here, you will also be able to see the contacts in your list who have downloaded and installed the app. Additionally, Tez also comes with a unique Cash Mode feature that lets you send or receive payments to Tez users nearby without revealing your personal details. It even supports Touch ID on IOS.

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