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Tuesday, 19 September 2017

Google Tez digital payment service launched in India

Google Tez digital payment service launched in India Google on Monday launched its mobile payment service, called Tez, in India. The payment service allows users to transfer money via their bank accounts as well as Unified Payments Interface (UPI) ID, QR code and phone number. Google Tez is a stand-alone application which is available for both Android and iOS.

As an introductory offer, Google has introduced a reward program under which users can make Rs 51 when referral makes their first payment. A user can earn a maximum of Rs 9,000 per financial year, and user can only be paid once for inviting the same person once. The offer expires on April 1, 2018.

Google Tez digital payment service launched in India

Google will be holding an event in Delhi today to announce more details about the application. Details about the application, however, are already available through a dedicated website.

Along with all major Indian banks, Google has also teamed up with Dominos, RedBus and PVR as payment partners. Additionally, Google has rolled out the application for business users. “Business owners and shops can use the Tez app with their individual current account to start accepting digital payments today. Payment goes directly to your bank account — all with no fees. We are working to support shopkeepers with other types of current accounts soon,” Google said on its website. Business users, can find more information about the platform on Tez for Business website.

How to get started with Google Tez:

First, you need to download the Google Tez app from the Google Play Store or Apple App store.

Step 1: Choose a language to get started. The app supports a range of Indian languages such as Hindi, Bengali, Gujarati, and Kannada, among others.

Step 2. Enter your phone number. The phone number should be linked to your bank account.

Step 3. Choose a Google account for receiving alerts, notification and verification.

Step 4. Google Tez supports in-app lock. Though you can use your existing screen lock or create a new lock for Google Tez.

Step 5. Now, you have reached the home screen. If you want to make payment through UPI, select your bank account number. Google has tied up with a number of banks, including Axis Bank, HDFC, ICICI Bank, State Bank of India. It also supports payments bank Airtel Payments Bank.

Step 5A: You can also link your account number. You will have to provide basic bank details such as account number and IFSC code, as you would do for internet banking or mobile banking.

Other key features in Google Tez 

Top Features

  • - Transfer directly to your bank account. Simply link your account to Tez over UPI and instantly transfer money from bank to bank.
  • - Know your money is secure. With Google’s multi layered security and 24/7 protection by Tez Shield, you can make payments and transfer amounts both big and small, with confidence.
  • - With Tez’s Cash Mode, you can instantly send or receive payments to anyone nearby without sharing personal details like your phone number or bank account.

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