Google has launched it's payment app named as Tez. Google has made this app especially for India to boost digital payment in India , which is used very less in India.
It works in all standard smartphones you just need a bank account in which you have linked your cell phone number and an internet connection that's it. It doesn't require any special hardware like NFC and all that. It is available for download for both iOS and Android you can download from App Store and Play Store respectively. It works in iOS version 8.2 and above and for Android smartphones with OS version KitKat and above.
It is based on the Unified Payments Interface (UPI) payment method. It has multilingual support and every transaction is kept in the form of a chat for checking it later on. Tez app doesn't charge you for any transaction, it's absolutely free. For security you can use Google Pin which will be authenticated by Google or your phone lock, either it is pattern or passcode , to open the Tez app and use it.
You can send or receive money from anyone. The fun fact is that it is not a wallet like Paytm or Mobikwik etc. Hence all the transaction happen directly from account to account. It has a very interesting Cash Mode also in which if you want to transfer money to a person with whom you don't want to share your details like UPI ID or cell phone number then here Google uses Audio QR Technology, where phone through it's speaker will emit Ultrasonic frequency audio waves which will be received by the nearby devices through it's mic to communicate and transfer money. And also if a person is not a Tez user then you can also send him money through your UPI ID or if you want to do it traditionally like using IFSC code then you can do that also though Tez App.
It has many interesting offers like if anyone downloads Tezz App with your link then you will get Rs 50 and on every transaction you get a scratch card through which you can win up to RS 1000 . And you can also win prize money worth RS 100,000 every week. All the prize money will be directly transferred to your bank account. So use Tez App for making digital payments and help in making India digital.
Download it here- For Android , For iOS and help us.
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