Google Tez Receives Bill Payments Option; Garnered Over 12 Million Users in Just Three Months Since the Launch

By December 5th, 2017 AT 1:51 PM

Google has shared a lot of insights and new things coming from its house for the Indian market in the next one year at the ‘Google for India’ event in New Delhi. At the event, VP of Product Management for the Next Billion Users program at Google, Caesar Sengupta said that the company’s sole digital payments platform for the Indian market- Google Tez would surpass 12 million user mark in the next couple of days.

google-tez-india

Just a few weeks ago, Google’s CEO Sundar Pichai at the company’s earnings call said that Google Tez has managed to grab over 7 million users in just five weeks since the service launch in September 2017. And this news comes only after a month. In the meantime, close to 5 million users have joined the service, taking the overall user base to 12 million.

Caesar Sengupta also added that the app had processed 140 million transactions since the official launch, which is 4x growth compared to the average transaction size in the country. Also, Sengupta revealed during the period of October-November, Google Tez accounted for 70% of transactions on BHIM UPI.

Furthermore, it is also said that there are over 5.25 lakh merchants already on board, and several small businesses are already using Tez to make and receive payments. Sengupta appreciated customer’s trust on the massive success of Google Tez in India.

Google also announced Tez’s significant next step, which is ‘Bill Payments’ option. Google Tez, starting today supports bill payments directly from the Google Tez application itself. Google also revealed the initial partners such as Airtel, DishTV, Tata Power, ACT Fibernet, Docomo, and several utility providers.

Currently, there are over 70 billers in Google Tez, and the list includes both state and national electricity providers. The best part is the Google Tez itself fetches all the pending bill payments from government services such as gas payment, water payment, etc.

Google also confirmed that the Bill Payments feature would be rolled out starting Tuesday, but it will be available for customers in a phased manner. Users will receive a notification when the feature hits their account. Furthermore, the search giant also confirmed to add more services in the future.

Lastly, Google introduced a new feature dubbed ‘Sparks.’ According to Google, this feature is a ‘little moments of delight,’ when a customer enters a specific word or phrase while making a payment.

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.

9
Leave a Reply

avatar
Photo and Image Files
 
 
 
5 Comment threads
4 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
6 Comment authors
DebuSanjeetKaushikVikasEsmail Recent comment authors
newest oldest most voted
Kaushik
Kaushik

Still prefer using Mobikwik + Paytm for my payments….

Esmail

Still nowhere close to the convenience of PhonePe. Ppl only got lured into using it coz of the scratch card offer but it will lose momentum like BHIM did unless they can keep providing steady cashback.

Vikas
Vikas

Right. Phone has established its app as “pure” ALL in ONE app.

Recent Posts

BSNL IPL 2019 Plans of Rs 199 and Rs 499 With Daily Data Benefit Introduced for Prepaid Users

The Indian Premier League (2019) will be kickstarting today. Ahead of the popular Cricket tournament amongst Indian users, government-owned telecom...

PUBG Mobile First Year Anniversary: Tencent Launches Season 6 and Starts Rolling Out Update 0.11.5

Tencent Games, the makers of PUBG Mobile are completing one year of the game. In just one year, PUBG has...

Airtel Digital TV Waives Off NCF Charges on Select FTA Channels

Airtel Digital TV has started waving off NCF charges on some FTA channels, taking the battle to Tata Sky and...