Google rebrands its Tez mobile wallet to Google Pay

Building services for every Indian, in their language — Google India — “Since launching our India-first payments app Tez last September, over 22 million people and businesses have used Tez to make over 750m transactions that are collectively worth over $30bn annually. We believe that many of the innovations and features we have pioneered with Tez will work in other countries. To take Tez beyond India, we will be unifying all of Google’s payment offerings globally. As a first step, Tez will now be called Google Pay.”


Google to take its Tez mobile wallet app global

Google’s Indian payments platform looks for new markets — Financial Times — “Diana Layfield, head of Tez and vice president of Google’s Next Billion Users initiative, told the Financial Times that Google had drawn up a shortlist of three Asian markets and one other emerging market country for Tez’s next launch… Tez initially looked across Latin America, the Middle East and Africa… Countries with “similar characteristics” to India — relatively low credit card penetration and limited access to near field communications systems — were the most attractive to Tez.”


Google adds chat feature to Tez mobile payments app

Google integrates chat option on Tez payments app — Economic Times — “Google has integrated a chat option in the Google Tez application and is slowly rolling it out to its 13.5 million active users, taking the competition directly to WhatsApp… The payment application which runs on the Unified Payments Interface railroads will now allow consumers to not only send money to each other but also open up an option for conversation around the transaction.”


Google to add NFC to its Tez audio QR payments platform

Google pay app Tez to add ‘tap n pay’ option — The Times of India — “Users of Google’s Tez will soon be able to load their cards and enable ‘tap and pay’ in the payments app. The internet giant also plans to make Tez payments available for other Google products as well, which means that users in future will be able to make payments through email and see shops accepting Tez on Google Maps.”


Google reports 12m Tez mobile payments users in India

Google for India: Building India-first products and features — Google — “Our India-first mobile payments app Tez has seen huge growth in its first 10 weeks. Tez has processed over 140m transactions from nearly 12 million active users. There are more than 525,000 merchants already on Tez, using it to take payments, pay their suppliers or transfer money to employees… In the coming weeks, Tez will start rolling out a customized experience to pay bills right in the app. More than 70 billers will be supported, including utilities and direct-to-home service providers.”


Google reports 7.5m users of its Tez audio QR mobile payments app

Edited transcript of Alphabet earnings conference call — Yahoo Finance — “To help millions of people, we are building products specifically designed for local markets in Asia. In India last month, we launched Tez, a mobile payments and commerce app that already has more than 7.5 million users who have made more than 30m transactions. I’m really excited about the potential this brings for India’s mostly cash-based economy.”


Google’s Tez mobile wallet to be pre-installed on budget smartphones

Google partners with budget smartphone makers for pre-installing Tez in devices — BGR — “At the launch of its payments service for India, Google announced partnerships with budget smartphone manufacturers Micromax, Lava, Xolo and others, to offer the Tez app on a pre-installed basis. Upcoming handsets from the above manufacturers, as well as Nokia and Panasonic, will have Google’s payments app pre-loaded… Google further declared that it was open to more such partnerships.”





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