Alphabet : Introducing Tez—a mobile payments and commerce app from Google, made for India first more
September 19, 2017 at 03:09 am EDT
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With more than 300 million smartphone users and rapidly improving connectivity in India, the internet is becoming a daily part of life for many Indians. That includes messaging friends and family, searching the web for information, reading news, watching music videos, or playing games. But when it comes to paying for things-vegetables, bus fares, splitting the bill at dinner or paying on delivery for something purchased online-those smartphones often go unused. Out instead comes… wads of paper. Indians love cash.
To make digital payments truly work for India, we wanted to build a product that can compete with cash. It needs to be simple, affordable, and work everywhere and for everyone. So today in India we're introducing a new mobile app from Google, Tez -a simple and secure way to pay for things, big and small, online and offline. Tez is a payments and commerce app built for India first on top of the country's Unified Payments Interface (UPI) standard.
Here are a few of the features you'll get with Tez
Direct, bank-to-bank payments: Tez uses UPI for instant and secure payments, directly to and from bank accounts.
'Cash Mode' for nearby transactions: Pay nearby without sharing your private details like bank account or phone number.
Tez Shield: Backed by Google's expertise in data security, Tez works 24/7 to help detect fraud, prevent hacking, and to verify and protect the identity of every user.
Tez for Business: Tez for Business is a program for large and small enterprises to connect with consumers inside the Tez app to make payments, share redeemable offers, products and updates.
Alphabet Inc. published this content on 18 September 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 September 2017 07:08:05 UTC.
Original documenthttps://www.blog.google/topics/google-asia/introducing-tez/
Public permalinkhttp://www.publicnow.com/view/7C835F33F0A011BA52FEDC8801A774AE6F130B6A
Alphabet Inc. is a holding company organized around 6 areas of activities:
- operation of a web-based search engine (Google). Additionally, the group runs a video hosting and broadcasting site (YouTube) as well as a free on-line messaging service (Gmail);
- development and production of home automation solutions (Nest Labs): Wi-Fi networks synchronized with the control programs for thermostats, smoke detectors and security systems;
- research and development into biotechnology (Calico): dedicated to treating aging and degenerative diseases;
- research into artificial intelligence (Google X);
- investment services: management of an investment fund devoted to young businesses that operate in the new technology sector (Google Ventures) and an investment fund intended for already developed companies (Google Capital);
- operation of a fiber optic internet access network infrastructure (Google Fiber).
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