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India: Google Launches Mobile Payments App Tez

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DATE: 27 Sep 2017SOURCE: BBCGoogle has launched a mobile payments app in India that will work on both Android and Apple smartphones.Tez allows users to make money transfers to each other and to buy goods from physical stores and mobile websites. It is based on the country's Unified Payment Interface (UPI) standard - a government-backed system launched last year to encourage digital payments.Read Full AnnouncementTYPE: GeneralTOPICS: Mobile BankingTechnologyREGION: South AsiaCOUNTRY: IndiaSource: http://www.microfinancegateway.org/announcement/india-google-launches-mo...

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