With greater than 300 million smartphone customers and quickly enhancing connectivity in India, the web is changing into a day by day a part of life for a lot of Indians. That consists of messaging family and friends, looking out the online for data, studying information, watching music movies, or enjoying video games. But in terms of paying for issues—greens, bus fares, splitting the invoice at dinner or paying on supply for one thing bought on-line—these smartphones usually go unused. Out as an alternative comes… wads of paper. Indians love money.
To make digital funds actually work for India, we wished to construct a product that may compete with money. It must be easy, reasonably priced, and work in all places and for everybody. So immediately in India we’re introducing a brand new cell app from Google, Tez—a easy and safe method to pay for issues, huge and small, on-line and offline. Tez is a funds and commerce app constructed for India first on prime of the nation’s Unified Payments Interface (UPI) commonplace.
Here are just a few of the options you will get with Tez
Direct, bank-to-bank funds: Tez makes use of UPI for fast and safe funds, on to and from financial institution accounts.
“Cash Mode” for close by transactions: Pay close by with out sharing your non-public particulars like checking account or cellphone quantity.
Tez Shield: Backed by Google’s experience in knowledge safety, Tez works 24/7 to assist detect fraud, forestall hacking, and to confirm and shield the id of each consumer.
Tez for Business: Tez for Business is a program for giant and small enterprises to attach with shoppers contained in the Tez app to make funds, share redeemable provides, merchandise and updates.