New Delhi, September 14: Giving a major push to digitisation in India, Google now plans to introduce a localised digital payment service as early as next week. As per reports by The Ken, the payment service will be called Google ‘Tez’. The report further added saying that Google’s payment service will offer payment options beyond the existing ones like Google Wallet or Android Pay.
Tez, which means fast in Hindi, is largely fashioned on the company’s global product-Android Pay (earlier called Google Wallet). “On Monday, 18 September, Google, Alphabet Inc’s subsidiary, will make an entry into India’s fast growing and super competitive digital payment ecosystem”, a report by The Ken stated.
Google launched its payment app Android Pay in the United States two years ago. Earlier, Google, Facebook Inc and WhatsApp Inc were in talks with the National Payments Corporation of India (NPCI) to provide UPI-enabled payment on their platforms. Once introduced, Tez will include support for the government-backed Unified Payments Interface (UPI) and other consumer payment services including Paytm and MobiKwik.
In the last week, Google announced the launch of a revamped Feed in the Google app for Android and iOS devices to improve the Search experience for the Indian users. The new feed feature will use machine learning algorithms and scan your browsing history, compile relevant content and deliver personalized experience to you.
On Wednesday, Google said its ‘Translate’ app will support seven more Indian languages that include Bengali, Gujarati and Kannada, to enable users to translate even visuals like road signs in English to these regional languages. Starting Wednesday, users in Bengali, Gujarati, Kannada, Marathi, Tamil, Telugu, and Urdu can experience offline translations and instant visual translation in these languages.