Tez App a mobile payments app for India that uses Audio QR to transfer money

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Tez App a mobile payments app for India that uses Audio QR to transfer money Google Tez app has joined the ranks of digital payments apps in India with the launch on Monday. With already established players like PayTM, PhonePe, and the official app BHIM, the Google Tez app has its work cut out. This isn’t a digital wallet service like PayTM, but uses your bank account to send and receive money. One of the unique features included in Google Tez app is “Cash Mode” which helps you send money without needing the recipient’s number or QR codes, instead using an audio matching system.

Send money to friends, instantly receive payments directly to your bank account & pay the nearby café with Tez, Google’s new digital payment app for India. Using NPCI’s (National Payments Corporation of India) Unified Payments Interface (UPI), money transfers are simple & secure with Tez.

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Top Features

1. Transfer directly to your bank account. Simply link your account to Tez over UPI and instantly transfer money from bank to bank.
2. Know your money is secure. With Google’s multi layered security and 24/7 protection by Tez Shield, you can make payments and transfer amounts both big and small, with confidence.
3. With Tez’s Cash Mode, you can instantly send or receive payments to anyone nearby without sharing personal details like your phone number or bank account.

Upcoming Features

  1. Pay through debit and credit cards on Tez.
    2.Pay and set reminders for recurring bills such as DTH.

Use Tez for All Your Payment Needs
1.Pay and receive money directly from your bank accounts
2.Pay your friends and family anywhere anytime
3.Multiple layers of security from your bank, UPI, and Google
4.Transfer money to anyone nearby
5.Made for India
6.Get Rewarded
7.Paying in shops is easier than ever!
8.Pay online with Tez

To incentive Tez app, Google is offering users Rs. 51 for referring new users to use the app. After a referral both people will get the money added to their bank accounts. Apart from this, using the app to transfer money (Rs. 50 and above) awards both the sender and the recipient Google Tez Scratch Cards, with one scratch card per week for the sender-recipient. Scratch card gives user the chance to earn up to Rs. 1,000, which is transferred back to bank account. Users can earn a maximum of 10 rewards per week, up to a total of Rs. 9,000 per financial year. There are two types of Google Tez Scratch Cards. The blue ones are awarded to both sender and recipient, while one red ‘Lucky Sundays’ is awarded to the sender only once per week. This red Google Tez Scratch Card is locked until the Sunday, and users will be able to scratch it for a chance to win up to Rs. 1 lakh, Google said.

 

Supported banks include Axis, HDFC Bank, ICICI and State Bank of India and others that support UPI. Online payment partners include large food chains like Dominos, transport services like RedBus, and Jet Airways. And tellingly, to help address one of the many ways that the Indian market is fragmented, the app has support for English, Hindi, Bengali, Gujarati, Kannada, Marathi, Tamil, and Telugu.

For money transfers, there is a limit of ₹1,00,000 in one day across all UPI apps, and 20 transfers in one day.

if you have any query than comment below. thanks

 

 

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