Tez is a mobile payments service by Google, targeted at users from India.[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.
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7 years ago by mashmix (31)
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