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Tez is Google Pay now | Google Pay new features | Google For India 2018

Google Pay new features –

Google launched its digital payment app in India called Google Tez, last year in the month of September. The app was a great hit among the users, for this Google in the Google For India event shared some statistics. Google Tez managed to gather more than 50 million downloads on the Play Store and currently have more than 22 millions of active users who use Tez as their primary digital payment app for making transactions. And since its launch in 2017, more than 750 million transactions have been done using Tez app, where the total worth of the transactions is more than $30 billion, which is around 200 thousand crore rupees. And now Google changing Tez to Google Pay. Read more for the Google Pay new features announced in the Google For India event.

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The name of the Google Tez app is changed now and will be called Google Pay with new features for a more smooth experience. Though the name has changed, and new features have been added, but the new Google Pay app will retain the familiar features as you have seen in the Tez app, like the familiar contacts on the home screen, and also the one-touch mobile recharges, and obviously, Google Pay is a UPI based app, and the transaction can be done to any other UPI based app also.

Google Pay new features

Google Pay new features –

Talking about the Google Pay new features, firstly we come to know, that now users will be able to use the Google Pay app for the transactions in more places. These places include not only the offline branded retailers but the online retailers too. Now Google Pay can be used to transact securely at more than two thousand online websites and applications like Goibibo, FreshMenu, redBus, and other popular service providers, where more partners to be added in the coming times. Google also mentioned the deeper integrations with BookMyShow for more easy transactions. For offline branded retailers, Google has partnered with the big retail chains like Big Bazaar, e-Zone, and FBB, and now easy transaction can be made in these stores across the nation.

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With this new Google Pay, Google will be accelerating financial inclusion. According to the US software giant, the main aim of Google Pay is to make transaction simpler, for this Google is partnering with various India banks, such as ICICI Bank, HDFC Bank, Federal Bank, Kotak Mahindra Bank and Federal Bank to facilitate pre-approved loans to the customers, right within Google Pay in a faster way. Not only this, the customers of the above-mentioned banks will be able to use the Google Pay app for a customized loan amount from their respective banks. Google didn’t mention the exact time for the rollout of the new feature but will be available in the coming weeks. The surely using the Google Pay will be an advantage, as there will be minimal paperwork for taking a loan amount from a bank.

So, this is all about the new Google Pay, that the search giant announced today in the Google For India event. Let us know in the comments section below, what you think about the new Google Pay features.


Anubhav Tyagi
Anubhav identifies himself as gadget fanatic & a stickler for detail and accuracy. He’s quite an aficionado of sci-fi movies, gaming, and music. When not writing about his favorite genres on VoStory, he can be seen clicking photographs.

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