Now Google too has joined India’s mobile payment club with its own mobile payment app, Tez. Don’t confuse the Tez with a Paytm-like app which is actually a wallet service
2. Birth of Tez in India
Due to Demonetization movement in India
Scenario of digital economy touching the 1$trillion in next few years
Trend is diverting towards digital money rather than trusting completely on
cash
Movement of resisting the black money in India
Fair transaction all over the country
Taken the statistical detail during the demonetization movement in India
Help in paying quick payment for e-commerce , taxi and many others
Positive response for the digital payment during the demonetization
3. Platform of TEZ applicationPlatform of TEZ application
Android smart phones Apple smart phones
4. Statistics related to Tez application
I. 55 number of banks will be linked with Tez application
near future
II. 300 million number of people with internet access
III. 650 million number of people expected to use internet
by 2022
IV. 50,000 user already being created
V. 16000 transaction already being done so far
Statistics related to Tez Application
5. Application is available on following languages
Hindi Bengali Gujarati
Kannada Tamil Telugu
Marathi
6. Procedure of setting up the Account
Enter the phone number
Sms will be sent to the desired Bank in order to get UPI
access
Fresh UPI ID is created then linked it to Google account
Set the Google account as default
Enter UPI pin for the asked bank in the smart phone
Fingerprint option is also provided
Procedure of setting up the Account
7. One can receive and send the payment by clicking
payment tab
Following options has to be filled
Sending the money in Tez application
Account Number
IFSC detail
UPI ID (Unified Payment Interface)
Scan QR code
8.
9. Thank you for going through this
presentation, I hope this would helped
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