Google has recently launched the UPI based payment app in India. The name of this app is “Tez”. Google Tez UPI app will take the UPI payments in India to next level. It is being made available to the smartphone users using the Android & iOS operating system. If you want to experience lightening fast UPI payment, we recommend you to download the Tez App – Google’s UPI Payment App.
For the Tez app, Google has on board banks that support the Unified Payments Interface (UPI). The government has been pushing the UPI platform to boost digital payments in India, to reduce use of cash
For making payments, you can either pay someone using their UPI capable bank account through the Tez app, or use a UPI ID, scan a QR code or pay using a friend’s phone number. However, both parties need to have a bank account linked to the Tez app.
The banks on board include HDFC Bank, Axis Bank, ICICI Bank, State Bank of India, Airtel Payments Bank, Citibank, HSBC and a host of other public sector banks.
As with other UPI apps, Google Tez is also dictated by the same set of guidelines—you are limited to sending Rs1 lakh per day, with a maximum limit of 20 transactions per day. However, your bank might have its own set of restrictions, depending on various factors.
