1. Tez payments app experiences too many issues on first day, here’s what Google had to say

Tez payments app experiences too many issues on first day, here’s what Google had to say

Google had officially launch the new Tez app for Indian users today and users found several issues while operating the app.

By: | Published: September 18, 2017 7:45 PM
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Google had officially launch the new Tez app for Indian users today and users found several issues while operating the app. The new mobile payments app is now available for download. Tez app, which translates in English to ‘being fast’, can be installed from the Google Play Store and Apple’s App Store. However, many users complained about having different kinds of problems while operating the app on their smartphones. From login issues to payments, users have posted their problems on the review page of the Tez app. This is meant to be the tech giant’s first major attempt to enter the mobile payments segment in the country. Meanwhile, Google decided to address the issue on Twitter, where it wrote: “Higher than expected downloads of Tez so some users may experience issues. We’re working on a fix and we’ll update asap. Thx for patience!”

Being a UPI backed app, Tez is connected with most Indian banks, especially the ones which support UPI. UPI is supported by the National Payments Corporation of India (NPCI) and regulated by the Reserve Bank of India. Also, there is a different “Tez for Business” app too. It is meant for enterprises to receive payments from their users/buyers. The new mobile application enables you to send and receive money from friends by linking up your bank accounts to your mobile. You can also buy goods from online as well as offline retailers.

Google Tez vs Paytm and other digital payments apps: How are they different

When compared to other mobile wallets, Google Tez app is a bit different from the services like Paytm. This is mainly because users will not have to deposit money in an e-wallet or anything like it on the Tez app. This basically means, your account will be your ‘wallet’, similar to your bank debit cards. Google’s new app supports almost all Indian banks, like State Bank of India, ICICI, HDFC, Axis, and more.

Google Tez: Top 10 things to know about India’s latest UPI based payments app

If you need to carry out UPI based payments, you need to link your bank account with the app. For this, you need to have your debit card with you as the details will be required. Once details are filled, two things will be required- bank OTP and UPI Pin. The UPI Pin is something that you will have to create for the first time. This process will create a UPI Id for you in the Google Tez app. You can also close this account if you switch to another mobile.

Google starts Tez payments app in India with Rs 9,000 offer; how to download and use

In the Google Tez app, you can allow it access to your phone contacts, which will help you make payments (using Pay option) or you can ask your friends for money (using Request option).


Interestingly, there is a cash mode option in the Tez app as well, which will help you make payments to a nearby person without needing to enter the phone number.

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  1. S
    swati
    Dec 14, 2017 at 4:39 pm
    I referred a friend and the first transaction has been made by my friend, referral reward of Rs.51 is credited to my friend, but I didn't receive any rewards for that
    Reply
    1. R
      ramshankar soni
      Oct 11, 2017 at 8:14 pm
      I referred a friend and the first transaction has been made by my friend, referral reward of Rs.51 is credited to my friend, but I didn't receive any rewards for that
      Reply
      1. M
        meenakshi
        Oct 5, 2017 at 1:03 pm
        i am not able to download this app eror : your device is not compatible with this version? why its coming?
        Reply
        1. Dharmendra vyas
          Sep 25, 2017 at 7:15 am
          tezz is very slow app .bhim is better app from this .so dont vaste time. also this is called cash back is coming many time you will joined other peolpe cshbck is refund .first look this is very bad experince .
          Reply
          1. M
            MIGHTY BOMBER
            Sep 20, 2017 at 10:25 am
            Why any remitter has to link bank account with payment app ? What actually happens in the end, a certain sum of money moves from one person to another. So this sum of money could be money balance in the mobile phone. In effect, a person wants to pay an amount of money, then that person should recharge the phone with that amount, use the payment app to pay, and money will move from one person to another simply by deduction of phone balance. Payment apps that deduct money from mobile phone balance could be more successful in India, because at least one threat of “something happening to remitter’s bank account” is removed.
            Reply
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