Google Tez has become the latest UPI-based payments app in the country. The new Google Tez app can be used to pay for movie tickets, utility bills, and make other transactions online.
Tez means fast in Hindi, which the company stated was one of the selling points of its new app. Google Tez is a standalone payments app, available on Android and iOS, and is powered by UPI, a payments protocol built by government-backed organization NPCI. The company has partnered with HDFC Bank, ICICI, and State Bank of India for backend processing.
Important Takeaways from Above News-
- Sundar Pichai is the Present CEO of Google.
- Alphabet Inc. is the Parent company of Google.
Source- The Economic Times