Google Tez is the Modified Android Pay for the Indian Market from Google; Works On UPI

By September 18th, 2017 AT 11:11 AM

In line with all the reports and rumours, Google has officially unveiled its latest application- Tez (meaning- ‘Fast’ in Hindi) for the Indian market. Although Google has already set a launch event for later today, the website of the application tez.google.com already went live and the application is up for download from Google Play Store.

google-tez-india

Google Tez is the search giant’s take on the UPI payments system in the Indian market. The application currently supports all the major UPI payment supported banks such as Axis, ICICI, HDFC, etc. Also, Airtel Payments Bank option is present as well in the bank accounts section.

For the unaware, UPI or Unified Payments Interface allows you to send or receive money through a virtual payment address (VPA). So, with the help of a VPA address, you can send money to others. This removes the hassle of adding the beneficiary account to your bank account and goes away with NEFT or IMPS payment methods. Having said that, money transfer via UPI is instant and secure, and it works same as IMPS feature, sans the requirement of adding beneficiary account details.

Furthermore, Google has partnered with services such as Dominos, Jet Airways, etc., allowing customers to pay using Google Tez. As an introductory offer, Google is running a campaign where users will get Rs. 51 as a cashback for transferring Rs. 1 to someone’s account.

google-tez-cash-mode

Coming back the Tez application, Google has added support for various Indian regional languages such as English, Hindi, Telugu, Tamil, Marathi, Bengali, Gujarati, and Kannada. The Google Tez works same as other UPI payment apps, in which you need to enter a UPI pin to make a transaction. In addition, Google has added a feature called ‘Tez Shield,’ which is a fraud detection scheme comes into play whenever there’ some malicious attempt on your account.

There’s a dedicated ‘Cash Mode,’ which allows you to transfer money to people nearby your location without requiring the VPA address. This is something unique from Google.

Google surely is looking to make massive strides with the Tez app in the Indian market. This app comes from Google at a time where Indian consumers are looking for a reliable digital payments app from a trusted brand. You can download the Google Tez app by heading over to Google Play Store or Apple App Store.

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Chakri is a go-to guy for your next smartphone recommendation. Back in his engineering days, he used to play with smartphones by installing custom ROMs and that passion got him into the tech industry. He still goes nuts about a smartphone knocking his door for review. Currently managing everything at Telecom Talk, Chakri is trying to master PUBG Mobile in his free time.

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ArenaMandar SherbetPrithviSunny | LucknowChintan Recent comment authors
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Mandar Sherbet
Mandar Sherbet

People who are already using apps like PhonePe have nothing much to gain with Tez, except for the fact that with Google’s marketing push, we will now have more people with UPI payment option. Hopefully our neighbourhood stores or places where we transact frequently will start using Tez or some other UPI option soon. I have been using PhonePe since the last 10-11 months and am very happy with it. Have introduced this app to many others around me who now do their Electricity bill payments & recharges, etc via that app without a fuss.

Prithvi
Prithvi

I just think mixing something as important as ‘money transactions’ ‘versification of all sorts’ using a damn mobile device is vulnerable from a security point of view. Google can easily snoop in through a back-door malware with the implicit approval of our ‘cooperative’ government and allow all sorts of data to be flushed out thereby bending the rules of rights of privacy envisaged by Supreme Court. I just find this mobile device becoming a payment tool all very suspiciously ‘iffy’. Would like to get away from cash but not at the expense of having my bank details linked for direct… Read more »

Arena
Arena

What’s your bank balance???/and are your a drug lord or gangster?… Close all the doors and sit inside…if possible cave for even better.

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