| Posted on 30-Aug-2018 | Science-Technology

What are the features of the Google Pay app “Tez”?

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Software engineer at HCL technologies | Posted on 30-Aug-2018

Tez was launched by Google in September last year. And after one year, Google has rebranded it as Google Pay, announcing the partnership HDFC Bank, ICICI Bank, Federal Bank and Kotak Mahindra Bank. The partnership is being initiated for the pre-approved loans.

Google pay gives its users the option of exchanging money directly from their accounts, and also makes peer to peer transactions possible. This feature of Google pay makes it different from Paytm and E wallets.

On android play store, Google Tez has crossed 50 million downloads. Other features of Google Tez:

• It has an audio based QR system. So Google Tez, like Chirp, uses ultrasonic waves to transfer money. With the help of ultrasonic waves, Google pay creates a one-time password for the payments.

• Above, I told you how Google Tez is different from Paytm. But one similarity that Tez and Paytm have is incentives. Tez offers its users as many cashbacks as Paytm itself. It has schemes like “Lucky Fridays” where you can win cash prizes by sending Rs.500.

• Google Tez also helps you in paying utility bills like those of electricity, gas, water, insurance, mobile, landline, etc. According to Hindustan Times, “currently, the application supports payments to services like redBus, Zerodha, TataSky, BESCOM, and Goibibo”.

• Tez shows you the list of contacts whom you can send money or request money from. It also shows you transaction history.

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Digibask technologies

Kanpur | Posted on 15-May-2019

Transactions are made directly to and from your bank account. Your money is not stored in any wallet.

Instant transfer of money can be carried out through the app.
Transactions made through the app are safe and secure and are protected by Tez Shield that provides a multi-layered security with 24×7 protection from frauds.
The app makes it easy to pay or transfer money both in big as well as small amounts.
Users can send or receive money instantly with the Cash Mode without sharing their personal or bank details.
The app supports 8 Indian languages.
As per now, payments cannot be made through debit or credit cards but the feature will soon be available for users.
Users will also be able to set reminders and make payments periodically for DTH, utility bills, etc. in future.

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Dazzling Dazzler

Student | Posted on 16-May-2019

Tez was launched by Google in September last year. And after one year, Google has rebranded it as Google Pay, announcing the partnership HDFC Bank, ICICI Bank, Federal Bank, and Kotak Mahindra Bank. The partnership is being initiated for pre-approved loans.

In Google Pay, the transaction is done from account to account. The amount does not go any wallet. This is the most promising feature of Google Pay.

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ppc papa

PPC PAPA | Posted on 5-Jun-2019

Google Pay app now Google pay it is very good app for digital payment.

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vaibhav sharma

| Posted on 12-Jun-2019

Google has launched Google Pay (Tez) – a new digital payments application for Indian users. The app is developed on UPI (Unified Payments Interface) platform and is available for both android and iOS users. According to Techcrunch, users can make a total of 20 transactions of collectively up to Rs 1 Lakh in a day through the app. Tez is a payments app and is different from a mobile wallet in the sense that you cannot store money in the wallet. Money is deducted or added directly from your bank account. tech moon is also provide all the information about online payment app.

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