After the US, Google has now launched its online payment service in India. The name of this app is Tez. This app can be downloaded for free on both Android and iOS. Google launched this app to give competition to Paytm.
This app from Google is connected to all banks like HDFC, SBI, ICICI etc using UIPI. With this help, users can make payments directly from their bank account. There will be no need to open a separate account for this.
How to install
- The Tez app can be downloaded on Android and iOS free.
- After downloading this app, you need to set a pin or screen lock.
- Then, it will have to link your bank account. If the account is linked to the mobile number then the number must be entered.
- A message will be sent from the mobile and the number of accounts linked to this number will be edited automatically.
- Now you can transfer money to anyone using the options.
Benefits
- Users from this app will be able to make payments directly from their bank account.
- Google will not take any commission for this service. The money will remain safe in the bank. It will not go to Google.
- There is also a cash mode in this app. With its help, the 'Tez' users can send money directly to the other 'Tez' users.
- There will be no need to share any type of bank detail or phone number.
- The app will also be able to make payments by scanning the QR code.
- If you are able to connect to your 20 friends in a month, you will earn up to Rs 1000 without doing anything.
- Like other payment apps, users will also get offers like Scratch Cards, Referral Rewards, and Lucky Sunday Lucky Draw.
- The company has claimed that shopkeepers can also use this app to make digital payments in their account.
- Apart from this, no fees will be charged for receipt of money till the limit of Rs. 50,000 per month.
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