Google Tez, the Internet search giant’s first UPI-enabled digital payments app was launched in India this week. The app is aimed at catering to an audience looking for digital payment solutions. Currently, if you need a UPI app, you can choose between popular apps like Paytm, PhonePe, the NPCI’s BHIM app, and a range of UPI apps from different banks in the country. With so many already available in the market, should you shift to the Google Tez app? Here’s a breakdown of the Google Tez app, from what it can to do, to how to use it, and our take on its capabilities.
The Google Tez app is is a medium to facilitate bank transactions between the sender and the receiver. It isn’t a digital wallet service like Paytm, but is instead like other UPI apps, such as PhonePe. One of the interesting new features from the tech giant is “Cash Mode” which can be used to send money without details of the recipient. Typically, without the other person’s ID, or phone number, you have to scan their QR code, so this is a simple and easy to use feature that could be used in place or QR codes.