Google Tez Payment App has been launched in Sep 2017 by India Finance Minister Arun Jaitley. Google Tez payment app is a simple and secure payment mobile app for digital payment and ecommerce. Tez payment app is launched by Google India with aim to reach billion of users.
Tez payment app is supported by Indian Government and this app use UPI (Unified payment Interface) which means that Tez app is directly connected to Banks in India and allows users safer ways to transfer money or to make payments straight from their bank accounts without any charge. Tez app is not a digital wallet app like Phonepay or Paytm but Tez app works with UPI enable banks so that money will be stayed in your actual bank account until this will not be transferred and you need not to have a wallet balance in Tez app. Which means that Tez app is more secure in comparison of others digital wallet app like paytm or phonepay.
Tez app is available in seven Indian langauges focusing to spread the app all over the India and should not be limited to major cities only and this is the reason that Tez app has been launched in multiple languages. Eight Tez app languages including English are – Hindi, Bengali, Gujarati, Kannada, Marathi, Tamil, English and Telugu. Tez app working in partnership of Four major banks in India – Axis Bank Ltd, HDFC Bank Ltd, ICICI Bank Ltd, and State Bank of India (SBI) — to facilitate the processing of payments across the UPI-enabled banks. The app is available for download on Google Play (Android) and the App Store (iOS). You may also download the Tez app from here : Download now
Key Features of Tez App are here :
Tez app transactions are simple and easier and you can make the payment instant anytime anywhere. Tez app cash mode send money from person to person. Two people using Tez app can interchange the transactions without sharing their personal details to each other like phone number, name , account number or any other details. Tez use Google’s proprietary Audio QR (AQR) ultrasound technology that helps in pairing the phones without requiring any personal details of any member.
Using Tez app you can pay to anyone faster. Tez Google app synchronize with the contact list in user’s phone in accordance with their privacy settings and user can make a transaction just by searching another user name or phone number in the tez app. If a user has installed Tez in the mobile user do not require to add another user IFSC code or bank account with but you can directly pay the amount in their bank account without these details. If another user does not have installed Tez app in mobile , the user with tez app still can pay that user with their bank account number or UPI ID.
You can make online or offline payment with Tez anywhere anytime as UPI is accepted anywhere. Hence you may pay using Tez to your Chaiwala, Grocery wala, Nai, vegetable wala, fruit wala or anywhere else and can collect your rewards.
Tez has multiple security levels provided by Google Inc. Also Tez has dedicated security systems offered by Indian banks, the National Payments Corp. of India (NPCI), and the Tez Shield — Google’s suite of security features. Also a machine-learning-based fraud detection engine, device level protection, including a Google PIN, and no sharing of phone numbers or bank account numbers via cash mode.