GOOGLE TEZ APP

On Monday, 18^th September 2017, in the presence of Finance Minister Arun Jaitley and Google’s vice-president for Next Billion Users, Caesar Sengupta, Google launched it’s digital payment app GOOGLE TEZ. Google Tez, is an UPI based payment app for Android and Apple IOS launched by Google. Through this app people can transfer money from one bank account to another without having the need to provide their personal detail. The app supports seven Indian languages, which includes Hindi, Tamil, Bengali, Gujarati, Telugu, Kannada, and Marathi and supports English as well.

HOW TO DOWNLOAD THE APP ?

The app I available on Google’s Play Store, and Apple’s App Store on iOS as well, people can download the app in their smartphone easily. The size of the app is just 7mb, so it won’t require much space in phone.

HOW TO REGISTER IN GOOGLE TEZ ?  

The registration in Tez is very simple and don’t require much time .

After downloading the app, the user need to select the language which he/she prefers.

Now, the user has to enter the phone number which is linked to the bank account.

Then, choose a Google account and set app lock. You have now reached the home screen and the app is ready to use.

 

Arun Jaitley at the launch of Google Tez App

HOW TO TRANSFER MONEY THROUGH GOOGLE TEZ ?

In order to carry out a transaction the user will require a Gmail account and a working mobile number. Google has partnered with 55 banks which support UPI and can be linked to the Google Tez account.

Users can make payments via phone numbers, QR code or UPI Id on Tez. Google has also launched a “Cash Mode” in Tez app. It is a proximity based transfer. The user can transfer money to a nearby device which has a Tez app and UPI installed in it. The user can transfer money without sharing UPI ID, mobile number, bank details. The “cash mode” transfer money using audio. Both the person receives laert when the transaction is completed.

Importantly, Google Tez has not included Aadhaar verification for payments. So it’s more simple than BHIM, another UPI payment app.

CONCLUSION

Google says Tez will soon support credit cards, debit card storage and addition of e-wallets as well. There will be phones coming up in the market with Tez app preloaded from Lava, Micromax, Nokia and Panasonic. Google has confirmed that transaction done through Tez would be free for consumer and small merchants.

For money transfer, there is a limit of ₹100000 in one day across all UPI apps and 20 transfer in one day. With the launch of Tez app and government’s push toward cashless economy, the country is growing and expanding like the west.