Google Tez, digital payment service launched in India; here’s how it works
Google’s UPI-based Tez digital payment application is available for both Android and iOS. Here’s a step-by-step guide to get started with the application.
Google on Monday launched its mobile payment service, called Tez, in India. The payment service allows users to transfer money via their bank accounts as well as Unified Payments Interface (UPI) ID, QR code and phone number. Google Tez is a stand-alone application which is available for both Android and iOS.
As an introductory offer, Google has introduced a reward program under which users can make ₹51 when referral makes their first payment. A user can earn a maximum of ₹9,000 per financial year, and user can only be paid once for inviting the same person once. The offer expires on April 1, 2018.
Google will be holding an event in Delhi today to announce more details about the application. Details about the application, however, are already available through a dedicated website.
Along with all major Indian banks, Google has also teamed up with Dominos, RedBus and PVR as payment partners. Additionally, Google has rolled out the application for business users. "Business owners and shops can use the Tez app with their individual current account to start accepting digital payments today. Payment goes directly to your bank account — all with no fees. We are working to support shopkeepers with other types of current accounts soon," Google said on its website. Business users, can find more information about the platform on Tez for Business website.
How to get started with Google Tez: