Check it out Google Tez, a simple and secure payments app by Google.
TEZ is a UPI-based app that can be used for online transactions, as well as paying offline at stores.
Tez Available as a standalone app on Android and iOS, Google Tez supports several regional languages. Tez is compatible with all major banks in the country that support UPI.Like with all UPI-based apps, you can transfer money using the UPI address to anyone who has a UPI-supported bank account. The minimum transaction needs to be ₹50.
Google is also incentivizing transactions via Tez.
- For inviting uses and after 1st transaction by invited person both users will get the Rs.51 incentive.
- Users have the opportunity to win Tez Scratch Cards worth up to ₹1,000 and get enrolled for the weekly Lucky Sundays draw of ₹1 lakh.
Using Google’s proprietary Audio QR (AQR) ultrasound technology, the app produces a special audio signal which can be only read by another phone running the Tez app. As soon as the app detects a compatible device in proximity, the transaction channel opens, and you can enter the amount to send/receive the payment. Google clarifies that the transactions in this manner are completely encrypted and cannot be intercepted in the middle.
Google also offers ‘Tez for Business’ that allows businesses to get their own Business Channels on the Tez app where they can engage directly with their customers to share offers and more.
-Ref by androidauthority