As had been widely expected, Google has unveiled its new mobile payment service for India. Called Tez, the service is Google's first step into digital payments in Asia. Tez makes it possible for users to link their bank accounts to the app and then use their phones to make in-person payments and transfers. Support for the government-backed UPI (Unified Payments Interface) means the service is compatible with a number of major banks. At the moment, Tez is limited to India, but there appear to be plans to spread it further. See also: Google will launch a mobile payment service in…
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