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More Than 5 Million Users Have Now Downloaded Google’s Digital Payment App ‘Tez’

"Tez" app works in partnership with four Banks -- Axis Bank, HDFC Bank, ICICI Bank and State Bank of India -- to facilitate the processing of payments across over 50 UPI-enabled banks

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Within 24 hours of 'Tez' being launched, Google saw nearly 1.8 crore gross merchandise volume (GMV) done with over four lakh active users. pixabay

New Delhi, October 11, 2017 : Google’s digital payment app ‘Tez’ that was launched in India on September 18 has been downloaded five million times on Play Store.

Within 24 hours of ‘Tez’ being launched, Google saw nearly 1.8 crore gross merchandise volume (GMV) done with over four lakh active users.

Built on the Indian government-supported Unified Payments Interface (UPI), Tez allows users, free of charge, to make small or big payments straight from their bank accounts.

According to the National Payment Corporation of India (NPCI), the number of transactions on UPI has crossed three crore in September.

Also read A Step Towards Digital India- Google Launches Digital Payment App ‘Tez’ in India

The number of transactions on UPI platform increased to 3.07 crore in September as against 1.66 crore in August — an increase of 85.32 per cent.

Of the 3.07 crore transactions, BHIM’s share was 76.03 lakh — a market share of nearly 24.7 per cent.

“Tez” app works in partnership with four Banks — Axis Bank, HDFC Bank, ICICI Bank and State Bank of India — to facilitate the processing of payments across over 50 UPI-enabled banks.

The app was built for India, working on the vast majority of the country’s smartphones and is available in English and seven Indian languages — Hindi, Bengali, Gujarati, Kannada, Marathi, Tamil and Telugu. (IANS)

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Tech Giant Google Letting Android Users Create Events on Maps

Google's plans for a wider roll-out of the feature remain unknown

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The Google logo is seen at a start-up campus in Paris, France, Feb. 15, 2018. VOA

Google is letting Android users create public events on Maps through the app’s existing Contribute section, allowing them to set name, location, date and time of the event along with tags and images.

“You can add public events to Google Maps from your Android phone or tablet,” the search-engine giant wrote on the Maps support page.

Event listings would help users streamline time-specific activities and choose what suits them best.

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A Google logo is displayed at the entrance to the internet based company’s offices in Toronto. VOA

“It’s all part of the app’s transformation from a service that tells you how to get somewhere into one that tells you where you might want to go in the first place,” The Verge reported on Monday.

Google’s plans for a wider roll-out of the feature remain unknown.

Also Read- Microsoft Asks Social Media Platforms to Act Fast on Terror

“Google Maps’ implementation is a little laggy at the moment, with events taking up to an hour to actually appear on a map. Hopefully, this improves as the functionality is more widely rolled out,” the report said. (IANS)