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'''Tez''' is a [[mobile payments]] service by [[Google]], targeted at users from India.<ref name=":0">{{cite news|title=Introducing Tez—a mobile payments and commerce app from Google, made for India first|url=https://www.blog.google/topics/google-asia/introducing-tez/|accessdate=18 September 2017|work=Google Blog|date=18 September 2017}}</ref> It operates atop the [[Unified Payments Interface]], developed by the [[National Payments Corporation of India]].<ref>{{cite news|title=Introducing Tez, a mobile payments and commerce app from Google|url=https://india.googleblog.com/2017/09/introducing-tez-mobile-payments-and.html|accessdate=18 September 2017|work=Google India|date=18 September 2017}}</ref> It can be used where UPI payments are accepted. Tez works on the vast majority of India’s smartphones (with apps for both [[Android (operating system)|Android]] and [[iOS]]) with the Android app supporting [[English language|English]], [[Hindi]], [[Bengali language|Bengali]], [[Gujarati language|Gujarati]], [[Kannada]], [[Marathi language|Marathi]], [[Tamil language|Tamil]], and [[Telugu language|Telugu]] with more languages coming soon.<ref name=":0" /> There are plans to release the app in other emerging countries including Vietnam, Indonesia, and Thailand.<ref>{{Cite web|url=https://www.theverge.com/2017/9/18/16325004/tez-google-india-audio-qr-cash-payments|title=Google’s new payment app for India uses sound to transfer money|last=Ong|first=Thuy|date=September 18, 2017|website=The Verge|archive-url=|archive-date=|dead-url=|access-date=}}</ref> "Tez" is the Hindi word for "Fast". Within 37 days after being launched, Tez was able to get 7.5 million installs. Over 30 million transactions were made on the app as of October 27, 2017.
'''Tez''' is a [[mobile payments]] service by [[Google]], <ref name=":0">{{cite news|title=Introducing Tez—a mobile payments and commerce app from Google, made for India first|url=https://www.blog.google/topics/google-asia/introducing-tez/|accessdate=18 September 2017|work=Google Blog|date=18 September 2017}}</ref> It operates atop the [[Unified Payments Interface]], developed by the [[National Payments Corporation of India]].<ref>{{cite news|title=Introducing Tez, a mobile payments and commerce app from Google|url=https://india.googleblog.com/2017/09/introducing-tez-mobile-payments-and.html|accessdate=18 September 2017|work=Google India|date=18 September 2017}}</ref> It can be used where UPI payments are accepted. Tez works on the vast majority of India’s smartphones (with apps for both [[Android (operating system)|Android]] and [[iOS]]) with the Android app supporting [[English language|English]], [[Hindi]], [[Bengali language|Bengali]], [[Gujarati language|Gujarati]], [[Kannada]], [[Marathi language|Marathi]], [[Tamil language|Tamil]], and [[Telugu language|Telugu]] with more languages coming soon.<ref name=":0" /> There are plans to release the app in other emerging countries including Vietnam, Indonesia, and Thailand.<ref>{{Cite web|url=https://www.theverge.com/2017/9/18/16325004/tez-google-india-audio-qr-cash-payments|title=Google’s new payment app for India uses sound to transfer money|last=Ong|first=Thuy|date=September 18, 2017|website=The Verge|archive-url=|archive-date=|dead-url=|access-date=}}</ref> "Tez" is the Hindi word for "Fast". Within 37 days after being launched, Tez was able to get 7.5 million installs. Over 30 million transactions were made on the app as of October 27, 2017.


==Service==
==Service==

Revision as of 12:45, 3 January 2018

Tez
Developer(s)Google
Initial releaseSeptember 19, 2017; 7 years ago (2017-09-19)
PlatformAndroid, iOS
LicenseProprietary
Websitetez.google.com

Tez is a mobile payments service by Google, [1] It operates atop the Unified Payments Interface, developed by the National Payments Corporation of India.[2] It can be used where UPI payments are accepted. Tez works on the vast majority of India’s smartphones (with apps for both Android and iOS) with the Android app supporting English, Hindi, Bengali, Gujarati, Kannada, Marathi, Tamil, and Telugu with more languages coming soon.[1] There are plans to release the app in other emerging countries including Vietnam, Indonesia, and Thailand.[3] "Tez" is the Hindi word for "Fast". Within 37 days after being launched, Tez was able to get 7.5 million installs. Over 30 million transactions were made on the app as of October 27, 2017.

Service

Acceptability

Tez is currently accepted by PVR Cinemas, redBus, Mc Donald's and is expected to be joined by a number of other businesses like DishTV, Jet Airways and Domino’s. Google is also working with existing advertisers and online e-commerce platforms like Shopify and payment aggregators like Billdesk and PayU. Google also plans to add even more ways to pay on Tez (e.g. credit cards and wallets). Select phones from manufacturer partners Lava, Micromax, Nokia Mobile, and Panasonic will come in with Tez preinstalled.[1]

Device compatibility

The service is compatible with vast majority of the Android and iOS devices.

Technology

The application does not require users to share any personal information such as mobile numbers or usernames like other payment applications, instead uses Audio QR codes that rely on sound transmitted at a frequency inaudible to the human ear from the payee handset to the merchant handset. This technology does away with the need for NFC chips on the handsets and holds an additional advantage because a significant number of smartphones in India and other developing markets do not have NFC chips embedded.[1]

References

  1. ^ a b c d "Introducing Tez—a mobile payments and commerce app from Google, made for India first". Google Blog. 18 September 2017. Retrieved 18 September 2017.
  2. ^ "Introducing Tez, a mobile payments and commerce app from Google". Google India. 18 September 2017. Retrieved 18 September 2017.
  3. ^ Ong, Thuy (September 18, 2017). "Google's new payment app for India uses sound to transfer money". The Verge. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
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