Google has launched its Tez payments app for India. Tez, which means “fast” in Hindi, is available for Android and iOS users. Tez makes use of India’s UPI (Unified Payments Interface) for carrying out the operations. After installing App you will get Rs 51 during transaction .
By using this App the users will be able to pay bills and send/receive money without any additional charge. The app poses similarity to the existing government-sponsored payments app BHIM.
As Tez payments app uses UPI, the user won’t have to add money to a separate wallet instead we use PAY-TM for digital transactions to make payment.
Tez works with all the major banks in the country. To roll-out smoother services, Google has also partnered with top banks like Axis, HDFC Bank, ICICI and State Bank of India. The users can transact $1,00,000 in one day across all UPI apps, and they can make maximum 20 transfers in a day.
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How to use Tez payments app?
After downloading the application from the Google Play Store, just add your mobile number for OTP verification. After that one needs to set the Google PIN or screen lock; fingerprint lock is also supported for extra security.
On the top left corner there is an icon you need to add your bank details. You need to choose the bank name and your account will be automatically detected with the help of phone number.Existing UPI id is also displayed there.
To send money go to payment section on the home screen . This feature is used to send money using your Bank Account number, UPI ID, phone number, or QR code. You can also receive money.
Excellent feature in this app is Cash Mode feature it doesn't ask any code in sending and receiving money for making payments.Simple way to transfer money using audio. Another feature is Tez is also used for Business option for vendors who wish to add it as a payment option.
To Download Tez App
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