All you need to know about Google Tez app
Posted on: 12/Dec/2017 12:13:41 PM
Tez is basically a digital payment application. However, you need to know it in detail to understand its real nature. First of all, Tez is not something similar to Paytm or Freecharge. You don’t put any funds into Tez or make any recharge to the app. You would rather link your bank account with it directly. It is more like the BHIM app which also connects with your bank account. Tez however comes with better design, as it hails from one of the leading tech-giants, there is no doubt about its standards.
Here are the prominent features of the Google Tez app, to start with
Tez app is built on UPI. Over 55 banks get supported on the app all of which have already started using this interface. This includes popular banks such as ICICI, SBI, HDFC, etc. When you have a bank account maintained with any of these banks, you can get it connected on the Tez app.
Cash mode is a key feature of the app. As we Indians love cash transactions, Google claims to have introduced this Cash mode that can imitate real cash transactions. This is very true, in fact. We make cash transactions to vendors and chaiwallahs – don’t we? Say, for instance, you need to pay an amount to a vegetable vendor who uses a smartphone with Tez app installed to it, you can directly pay him via Cash mode without wanting to enter any mobile number or bank details. Bring both the phones close to each other and click on Cash button. A sound will intimate both the phones getting connected, and you can thus send money. This system is quite similar to sending a file over Bluetooth.
As of now, with Tez app, one can purchase products from redBus or PVR Cinemas. Following this, DishTV, Airways, Domino’s, etc. shall also get supported. Further, Google claims that it is in talks with ecommerce platforms like Shopify and other payment systems like PayU or Billdesk for integrating the Tez app.
The app supports Hindi, English, Gujarati, Bengali, Tamil, Marathi, Telugu and Kannada on Android. However, on iPhone, the app supports only English language.
Tez app has Tez shield coming along. It is a background security protection that will make sure the app is safe for all kinds of transactions done through it. For securing the app, you can make use of phone’s PIN or Google PIN.
How to download, install and use the app?
As mentioned earlier, Tez app can be downloaded from Google Play Store or iOS store on iPhone.
On installing the app, click on open and the registration process will be initiated. On selecting the language, your Google account will get automatically identified, and it will connect the Tez app with it. Your phone number will also get verified via OTP.
Following this, you will have to connect with a bank account to which your phone number is already linked to. From here, your details will get automatically fetched. You can see the details on the Tez app after filling the details. Set the UPI PIN and add the account details. This is hardly a process of 2 minutes.
On adding the account, you have 4 options for making the payment.
With the Cash mode, you can make the payment when the recipient lies close to you. For this, you will have to bring both phones together and click on the cash button and make payment.
You also have the QR code method. Here, you need to scan the QR code for making the payment. Once the Tez app gains popularity, this feature will also get popular among everyone including small businesses just the way Paytm gets used.
The third way is to pay via good old IFSC code and bank account number.
At last, you can make payment using your own phone number those who make use of the Tez app already will be found in the app itself. For this, you will have to tap on the recipient phone number and directly make the payment, or receive the payment. All the transactions will be fond as chat updates. Amidst your payment process, you can also talk to people and receive payment through the same Window.
On the whole, Tez is a very easy to use payment app. At present, Tez app cannot be used for several purposes, but things will change. Google would probably extend special support to businesses.
On the other hand, there are performance issues as well. When you check out the reviews for the app, you will find a number of complaints from people all over.
All these needs fixing so that people gain more confidence and trust over the app.
There are also other missing features. Support for credit or debit cards need to be included. As of now, there is support only for bank accounts. Support for e-wallet is also required, as there are many useful features of e-wallet. These however will be eventually included in the Tez app, as it is in its budding phase now.
There are also special offers on the Tez app. For those who refer the app to others, one can earn up to Rs 9000 per annum and can win cash of Rs 1 lakh per week with the help of virtual scratch card.
