Google now today (Aug’28th of 2K18) announced that the company is rebranding it’s payment app Google Tez into Google pay in India. India has grown much in terms of digital payments in recent times. So, the global company Google has decided to rename Tez into a world known name Google pay.
Google pay has all Tez features
Now Google has also partnered with most of the private banks to instantly approve loans to the needed users.
What is Tez?
Tez is a payment app by Google, which was built over on top of UPI interface. It was launched in India last year (In September 2K18). The app was downloaded by 50 million peoples. And they have 22 million active users. In the past one year, Google Tez has handled $750 million transactions, with the annual rate of $30 billion.
Today in the Google event Mr.Caeser Sengupta, general manager of Google pay has said the rebranding brings many services to India, import global features to India.
Send through Email
The users in the US can able to attach money through Emails. Now with Google pay Indian user also can able send money through Emails. The Google pay is operational in 18 countries.
The all-new Google pay has merchant mode that will simplify digital payments for the 12 lakhs local businesses already on this platform for that coming on-board.
Paying online and offline
From shipping in-store to paying online, a lot of popular merchants will soon accept payments via Google pay. Soon accepting Google pay over 2,000 online merchants and over 15,000 retail stores, says Google.
Digital payments in India
Digital payments in India will soon grow, says Google. Here’s a sneak peek at what’s ahead for Google pay.
That’s all for now about Google pay in India. Every old Tez user will get an email from Google about this.