Tez- An UPI App by Google
UPI! this has become one of the biggest market in digital payments and an easy payment solution in India today and every firm is trying to enter into this market as it has a good scope for rise in the coming future in India. UPI means Unified Payment Service which will work based on the mobile number linked to your Bank account. 1 day back Google entered the digital payments market with their new UPI app with a name in Hindi language and it is Tez.
is the New UPI based digital payments app released by Google in India. The name of the app represents the speed of the app in transactions. Right now one can send/receive money and also use Tez as payment platform in some sites and more features are yet to come in the coming days. But the best part is the security the Tez app is offering for making a payment. Right now the best feature we have is Cash mode feature which uses Ultra sonic waves via microphone to locate another Tez user nearby to either Pay or Receive money.
Well we all know that there is cut throat competition in the digital payments solutions in India and to come out of this cut throat competition Google made a smart move by offering incentives to it's users.
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