Have you used the Tez app for transferring money? Well, all the Tez users must read this article.
Recently, Google has renamed the Tez app as Google Pay. The officials declared this at Google for India event. The online payment industry of the India is quite big and it is growing enormously. To fight companies like Paytm Google launched Tez app in 2017.
In just one year, million of people have downloaded this app. According to recent statistics, on the Google Pay more than 22 million active users are present. Till now, almost transaction of worth 2 lakh crore has taken place with this app.
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Following are the features of the new app, Google Pay:
- As more and more people are inclining toward online payment methods, the google has added a feature through which users can get bank loans through this new app.
- Its interface will change a little bit.
- In the upcoming months, users can do online shopping from more than 2,000 websites with this app. Previously, on the Tez app this facility was not available.
- Along with the websites, you can also use this Goole Pay app to do day-today purchases from FBB, Big Bazaar and e-Zone.
Following are some banks which will give you loan with the Google Pay app:
ICICI bank, Kotak Mahindra bank, HDGC bank, Federal bank, etc. Not much information is known about the loan limits, etc.
The advantage of this new app is that there will be less paper work while approving loans from the bank.
With this new app, Google will surely acquire a big market in India. There is a feature in the ap of the referral system. So, you can refer the app with your friend. So, if your friend downloaded the app through your referral link and when he/she does its first payment through this new app, you will get a bonus of Rs. 51