Google Tez has become the latest
UPI-based payments app in the country, propelling the Internet search giant
into the league of companies eyeing a piece of India's digital payments pie.
The new Google Tez app can be used to pay for movie tickets, utility bills, and make other transactions online.
The new Google Tez app can be used to pay for movie tickets, utility bills, and make other transactions online.
Tez means fast in Hindi, which the company said was one of the selling points of its
new app. Google's rivals such as Amazon and Facebook are also making efforts to
tap the country's digital payments market.
The app weighs just 7MB on Android and
works with the vast majority of Android smartphones in the country.
Google Tez is a standalone payments app,
available on Android and iOS, and is powered by UPI, a payments protocol built by
government-backed organisation NPCI.
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