Tez App - A Payment App By Google

Tez is a Unified Payments Interface (UPI) enabled digital payment app launched by Google. This interface will allow customers to send and receive money through a bank account at the tap of a button. Once customers register for the Tez service, there is no need to provide bank account details or IFSC code for fund transfers. Customers will only have to provide a virtual address to send and collect money through the UPI payment solution. One of the additional features of this app is the ‘cash mode’ feature, which allows a user to transfer money without having to provide payee details.

This app is specifically designed for the Indian market and is available in different Indian languages such as Telugu, Tamil, Marathi, Kannada, Gujarati, Bengali, and Hindi.

How does the Tez App Work

The Tez app is built with the support of the UPI, which enables all bank account holders to link their account to this app and make payments or receive money through a virtual identity. This eliminates the need for entering all account details, which is usually the process followed to send funds through net banking.

What the app does is that it identifies the contacts in your phone address book with the Tez app and lets users send and receive money to registered users on a contact list.

How to Download and Install Tez App

To get started with this app, the first step is to download the app. Downloads can be made through Google Play store or through IoS platforms.

Downloading Tez on Android Smartphone

  • To download the app on an Android phone go to Google Play Store
  • Type Google Tez in the Play Store search box
  • Click on the app and click ‘install’
  • The app will automatically download on the phone and get installed

Downloading Tez on ioS

  • Go to the Apple App Store and search for Google Tez
  • Click on the app and tap ‘start’ to begin the installation process

Do remember to download the app that is developed by ‘Google Inc.’ to get the original version

How to Register for Tez App

Step 1: Download the app and launch it

Step 2: As soon as you launch the app, the first step is to key in your registered mobile number

Step 3: The OPT received will be verified automatically

Step 4: Set up login pin or password or lock screen pattern for your Google Tez account and click ‘Continue’

Step 5: Click on ‘add bank account’ and select your bank

Step 6: SMS verification will be carried out for bank account, after which click ‘Proceed’

Step 7: Create UPI pin by providing debit card details

Step 8: Registration is complete!

How to Send Money through Tez

Step 1: Login to the app by entering your UPI pin

Step 2: Go to the home screen and click on the rupee symbol to send money

Step 3: Choose the type of payment you want to make, which is, sending money through account number and IFSC or through UPI ID, QR or Phone

Step 4: Enter the transaction amount and UPI pin to process the transaction

Benefits and Features of Tez app

  • No need to store money: One of the main advantages of the Tez app is that users need not add or store money in the app. All you have to do is link your bank account and make a transaction as and when necessary. There is also an option to link more than one bank account on the app.
  • UPI-enabled: The Tez payments app works in integration with the UPI interface, which is linked with more than 50 banks in India. Hence, this opens up a wider scope for users, giving them ample opportunity to transact using their bank accounts.
  • Cash mode: One of the other unique features of this app is that it allows customers to use the cash mode and make payments without disclosing any sensitive payment information. This type of payments method can be used when both the parties, the payer and the payee, are in close proximity with each other. For example, you pay your taxiwala or autowala with this method.
  • Tezshield: One of the added security measures offered by this app is through Tezshield, which works on a 24/7 basis to prevent any kind of data fraud or breach and prevents hacking. Also, all transactions made will be secure because it cannot be processed without the 4 digit Google pin or UPI pin.
  • Available on both Android and iPhone platforms: Unlike some of the payment banks and mobile wallets that are restricted only to Android platforms, Tez can be downloaded on both IoS and Android.
  • Available in local languages: One of the main advantages of this app is that it is customized to suit Indian needs and hence it is available in most of the Indian languages. This makes it easier even for those who do not speak or read English to use the app without any hassle.

FAQ's on Tez App

  1. Is there Aadhaar-based verification for Tez app?

    No.

  2. Is Google Tez a payment app like Paytm or Mobikwik?

    Google Taz is a payment app but not a mobile wallet such as Paytm or Mobikwik. This app relies on the UPI system to function.

  3. Do you need a bank account to use Tez?

    Yes, it is mandatory to have an active bank account to use Tez.

  4. Is it necessary to add or load money into the Tez wallet to use it?

    No. With Tez, there is no need to add money. One can directly carry out transactions through their linked bank account through the UPI interface.

  5. How does Tez allow payments?

    To make a payment using the Tez app, all you have to do is to link your bank account with the app. The customer can directly pay with the bank account and hence the customer need not worry about topping up or reloading the Tez app.

  6. Does the app allow Aadhaar-based payments?

    No, at present, there is no scope for Aadhaar-based payments through this app.

  7. Is it possible to link multiple bank accounts with the Tez app?

    Yes. Once a bank account is linked it gets its own UPI ID and if you link multiple bank accounts, then each bank account will have a separate UPI ID.

  8. What is the upper limit on the money that can be sent through this app?

    A maximum of Rs.50,000 can be sent per transaction through this app.

  9. Should the customer have an active Google account to use Tez?

    Yes.

  10. Should the mobile number used to register with Tez be the same as the one linked to the bank account?

    Yes.

  11. What can a customer do if the Tez transaction has failed but the money is debited from the bank account of the customer?

    In such a case, the money will be recredited automatically within 2 working days.

  12. What can a customer do if a transaction has failed and the money is not credited back into the customer's account?

    In such a case, the customer can raise a dispute on the Tez app and claim a refund by reporting the issue.

  13. Does Tez levy any fee for transactions?

    No.

  14. Can you delete transaction history from the Tez app?

    No.

  15. What is Google pin and UPI pin? What is the difference between the two?

    Google pin is used to lock and unlock the Tez app and the UPI pin is used as a transaction password.

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News About Tez App

  • Google Tez Touches the Milestone of 50 Million Downloads

    Google’s Payment app Tez, which was built on top of the country’s Unified Payments Interface (UPI) has reached the milestone of 50 million downloads. The app which competes with apps like BHIM, PhonePe, Paytm was launched in September last year and reached the milestone in just 10 months. It needs to be mentioned that Google had just a couple of months back confirmed that it has 16 million monthly active users in the country. Since the launch of the app, Google had introduced many new features in the app which has helped the app retain the trust of the users since its launch. Recently, the company came up with a simple chat feature on the app which lets the users communicate with their contacts apart from just sending and receiving money. Prior to this, the company added utility bill payments support and over 70 billers on board in the month of February. This allowed individuals to use the app in making their utility bill payments as well as recharge their DTH and pay their insurance premiums. The app is available for download on both the Android and iOS platforms for free.

    24 July 2018

  • Google Tez to Now Collaborate with SBI: Google

    Global technology giant Google recently announced that Google Tez has partnered with the State Bank of India (SBI).

    The new move will further help Google Tez bring more and more people from different walks of life to be a part of the digital ecosystem that can be used to carry out banking transactions. Tez will now allow customers to make use of UPI through the SBI bank account.

    Till now, Google has partnered with as many as 4 banks : SBI, HDFC Bank, ICICI Bank ans Axis Bank.

    14 March 2018

  • Pay Utility Bills on Google Tez via UPI

    Customers can now use Google Tez to make payments towards a number of utility bills such as mobile bills, water bills, electricity bills, and the like.Google has collaborated with a range of billers to make this service available to users in the country. What's even better about this service is that Google Tez will send all customers an automatic alert when it is time to pay the respective bill. All payments can be made using the UPI interface.

    22 February 2018

  • Google Planning to Introduce Google Pay in India

    Google is all set to introduce Google Pay, its culminated payment platform to the already existing payments platform Tez in the country. Pali Bhat, Google’s vice president of product management of payments recently announced about the development in a blog post. Google Pay aims to bring together the different ways to pay with Google into a single platform. It will also enable users to save their payment information to the google account in a bid for faster checkout. Google Pay which is already available on Airbnb, Dice, Fandango, HungryHouse and Instacart will be made available online, in-store and across google products in the coming weeks, informed Bhat. Google states that the app works with 55 banks and speaks eight Indian languages which includes English, Hindi, Bengali, Gujarati, Kannada, Marathi, Tamil and Telugu.

    15 January 2018

  • Tez, PhonePe & Paytm Transactions Surge

    As digital payments transactions are increasing across the country, many UPI-based payment apps such as Paytm, Phonepe and Tez, have been seeing steady growth.

    Google’s Tez has seen as many as 40 million transactions since its launch, which contributes to almost 40% of the volume of UPI transactions in the country. PhonePe is catching up with along with Paytm.

    Most banks in India have collaborated with UPI through their respective apps. There is no need to know IFSC code or bank account number while sending money through UPI.

    12 January 2018

  • Google Tez Ties Up with Xiaomi to Enter Digital Payments Landscape

    Google Tez, a India-first Google product was launched in the country in September. It has in quick time acquired over 12 million users. With Google in recent times showing signs of experimenting their products first in the country, the launch of Google Tez was not a surprise. Caesar Sengupta, the VP for the Next Billion Users initiative at Google stated that experimenting their products first in the India enables them to build products not only for people of India but for all. In a bid to continue doing so, the company entered into a partnership with the smartphone brand Xiaomi. As part of the partnership, the country’s most popular smartphone brand will be introducing a payment service on its e-commerce platform, which will powered by Google. This will enable users to make cashless transactions on both the MI website and its app. The partnership is being seen as the stepping stone of Google to enter into digital payments in India as well as highlighting Xiaomi’s commitment to the ‘Digital India’ initiative.

    3 January 2018

Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

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