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

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.



Related Posts

Liverpool boss Jurgen Klopp addresses Philippe Coutinho's performance
Liverpool were defensively suspect last season, and those difficulties have continued into the new campaign. Manchester United legend Roy Keane has torn into Liverpool conceding twice against Sevilla on Wednesday.

Inside the Game: No. 3 Clemson at No. 14 Louisville
That's when Watson , the two-time Heisman finalist, one-upped Jackson with two touchdowns in Clemson's 42-36 win. But All-American defensive tackle Christian Wilkins has done an excellent job of taking on that leadership role.

Can The Steelers Offense Rebound in Week 2?
The Vikings also activated Kyle Sloter this week, and he will serve as the primary backup if Bradford is unable to go. The "will he or won't he play" has been answered for Bradford, who will yield the offense to the direction of Keenum.

Bank: Rate rise likely in 'coming months' if inflation jumps
Inflation has now returned to a four-year high of 2.9 per cent, while core-inflation has risen to a six-year high of 2.7 per cent. This morning, traders in the City viewed a rate rise as more likely than not by February, now they expect it by December.

Brady torches Saints defense with 447 yards passing and 3 TD's
The game will be broadcast on CBS and will be announced with new CBS commentator Tony Romo (former QB of the Dallas Cowboys). Brady and the offense looked out of sync in the dud of an opener, a 42-27 loss to the Chiefs in Foxborough, Mass.

How to add wireless charging to any phone
In order to take advantage of the rapid charging feature, you'll need to buy Apple's USB-C adapters, according to CNET . Once the conversation is over, putting the earphones back into your ears will resume music playback automatically.

EIA reports smaller-than-expected rise in USA crude supplies, output climbs
Gasoline prices in the United States have already corrected sharply after touching a two-year high earlier this month. The price of Brent crude oil and West Texas Intermediate ( WTI ) oil, were both buoyed by the news .

Has Winter come to Bitcoin with exchange closures in China ?
If so, that will raise some awkward questions for other Chinese entrepreneurs participating in the blockchain industry. Disclosure: The author of this text owns, or has recently owned, a number of cryptocurrencies , including BTC and ETH.

Census Bureau: Median Incomes Climbing for First Time Since 2007
Census Bureau announced this week that real median household income increased by 3.2 percent between 2015 and 2016. Among the 31 states and the District of Columbia that expanded Medicaid, the uninsured rate is just 6.5 percent.

Paul Richardson shakes off broken finger to catch winning TD
He was to play only free safety in the dime package before getting pressed into duty after Eric Reid sustained a left knee injury. Pierre Garcon and Carlos Hyde have combined for 113 receiving yards on 12 catches while George Kittle has five receptions.

© 2015 Stocks News Daily. All Rights reserved.