Published On: Mon, Sep 18th, 2017

Google Launches New Payment Service ‘Tez’ That Uses Ultrasonic Audio to Transfer Money

Google is not a newbie when it comes to charity remuneration services. The tech hulk progressing offering Android Pay that used NFC for carrying out digital payments. Now, in a latest move, Google has launched “Tez” a new remuneration app for users in India to send income seamlessly.

Unlike other mobile remuneration apps, Tez does not use NFC as it is targeted during building nations, where not many users have smartphones with NFC. Instead, Tez employs ultrasonic audio to bond dual inclination and send money.

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The reason for regulating Ultrasonic audio is that it works on each device, both Android and iOS. The Ultrasonic audio is not heard to a tellurian ear and can bond dual inclination to send income quickly. It does not need any information such as banking details, email addresses, or even phone numbers. Users can use Cash Mode to send income to another Tez user fast negating a need to share sum like bank comment series or mobile number.

Tez directly creates hit with a user’s bank account, expelling a need for refilling a account. It draws a volume directly from a account. Google states that a Tez app works with a United Payments Interface, that means that it is concordant with any bank in a segment that supports a UPI method.

With a assistance of Tez app, users can compensate directly from their account, gripping a income protected in a bank and acquire seductiveness meanwhile. Users are not compulsory to open a apart comment or adding income to a wallet. It uses UPI (Unified Payments Interface) and is concordant with all vital banks in India such as Axis, HDFC Bank, ICICI and State Bank of India.

Google might enhance it to other countries in Asia

Other than promulgation money, Tez also has other facilities such Tez Shield that is a confidence underline that is always using to assistance strengthen users opposite rascal or hacking. There are also “Scratch Cards” for users that offers them a possibility to win adult to ₹1,000 each week, or ₹100,000 on “Lucky Sundays.” If we win, afterwards a prerogative is directly eliminated to your bank account.

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For now, a app is singular to India, though a folks at Android Police indicate out that Google might also launch a app in other Asian countries soon.

Download a app if we are in India:

Download for Android 

Download for iOS

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