Google hikes up competition in the Indian digital payments landscape with Tez
Google entered into new competition with Paytm, Hike and WhatsApp by introducing its digital payments app Tez (English: fast) to foster government’s Digital India initiative. The app is tailored to India needs and speaks eight Indian languages (English, Hindi, Bengali, Gujarati, Kannada, Marathi, Tamil, and Telugu) and works with 55 banks.
On Google Tez, transactions are shown like simple conversations. Google’s newly introduced feature Cash Mode enables one to pay without sharing bank details or phone number. The technology called audio QR Code works like Near Field Communication and uses ultrasound waves to Read full story ›
Source: The Drum
