Google goes big in Asia with mobile payment app for hundreds of millions of people

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Google is going big into Asia's mobile payment scene.

The tech giant has launched a new mobile money app called Tez in India — a country with a smartphone user base of over 300 million, which has been named the world's fastest growing smartphone market.

"Tez" which means fast in Hindi, lets users link up their bank accounts to their phones, allowing them to use the app to pay merchants in stores, and instantly transfer money to friends.

Google's app isn't just another of the many mobile payment apps out there. To make Tez count, Google made sure it worked with India's national Unified Payments Interface (UPI), a payment system backed by the government and 19 major banks in the country. Read more...

More about Google, India, Mobile Payments, Whatsapp, and Mobile Payment App

COntributer : Mashable http://ift.tt/2y8Kqb0

Google goes big in Asia with mobile payment app for hundreds of millions of people Google goes big in Asia with mobile payment app for hundreds of millions of people Reviewed by mimisabreena on Monday, September 18, 2017 Rating: 5

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