Facts about Google Tez around the net

Google Tez is a mobile wallet based on the Unified Payments Interface (UPI) platform built by the National Payments Corporation of India (NPCI) also fastest booming payment app among Indians. UPI-enabled wallets permit users to transfer money without requiring the bank account details of the recipient. The UPI ID of the recipient is used as a proxy for the account number and IFSC code, thereby simplifying the process of money transfer among two any UPIs, which are connected by Google tez.

Google Tez  is one among fastest booming payment app among Indians, also has much news about rewards when transfer or pay to your friend or in neighbour shops and super markets. Google as a company also pushing the local shop merchants to provide google tez option to accept bills and payment. Unlike other apps, google tez has got very beautiful as easy to use UI on its mobile platform like android and ios, unfortunately it is not available in web site. 

Here is the list of facts about Google tez in India.

• There are over more than 350 million mobile phone users in India, that almost the population of the United States America.
• Unlike existing digital wallets and payment apps like PayTM, Tez allows you to pay and receive directly from your own bank account using UPI id of user bank acoount.
• Google as introduced a new technology for Google Tez – Audio QR. It is a near field sensor technology where phones can connect with each other using ultrasonic sound waves. 
• The application works by linking with the users’ bank accounts using the Indian government developed UPI (Unified Payments Interface), so user should have UPI of his bank account to use Google tez.
• In the future many mobile devices will have the Google Tez app preloaded or default wallet app, like Apple pay on iOS & iPhones. Some of the manufacturers including Lava, Micromax, Nokia, Panasonic and may be google phones like Pixel series.
• To make it widely acceptable, Google has offered the application in 7 most used Indian Languages (Tez supports several Indian languages) including Tamil, Telugu, Marathi, Bengali, Hindi, Kannada, and English.
• While Tez has made its debut in India, Google is looking to expand into other few more Asian countries including, Indonesia and Philippines.