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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
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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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For Delhi Commuters, Google Maps Now Show Auto-Rickshaw Routes

Google Maps provides globally over a billion kilometres worth of transit results every day and has schedules for over three million public transit stops

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Auto rikshaws in India. Pixbay

Commuters in the national capital can now view “auto-rickshaw” routes as well as fares on Google Maps app, tech giant Google Monday said.

“Starting today, commuters in Delhi will be able to see a new public transport mode in Google Maps — auto-rickshaws. By selecting this mode of transport, commuters will be able to view suggested routes for the ride as well as the estimated auto-rickshaw fares,” Google said in a statement.

The new feature will reflect fares based on the official fare model shared by the Delhi Traffic Police, it said.

Google maps, auto-rickshaw
The latest version of the application includes enhanced voice input.

This feature will be available in the Google Maps app on the Android devices.

The idea is to incorporate one of most commonly used modes of public transport in Google Maps and share transparent information about the price of journey, Google Maps Product Manager Vishal Dutta said.

“Currently, for an unfamiliar journey, commuters often overpay and don’t have an idea about the distance or best route,” he added.

auto-rickshaw
By selecting this mode of transport, commuters will be able to view suggested routes for the ride.

Dutta said the feature will also help the users plan their journey better.

“…so they could look at the expected cost of the auto-rickshaw ride and decide whether they want to take it all the way, or perhaps take a different mode of transport instead — like a bus or the metro,” he explained.

Also Read: Google Not Going to Offer Controversial Face Recognition Technology

Google Maps provides globally over a billion kilometres worth of transit results every day and has schedules for over three million public transit stops worldwide, the statement said. (IANS)