Google for India: Google Tez renamed as Google Pay, app to now offer pre-approved loans

Google Tez has been redone, and its updates were reported at the present ‘Google for India 2018’ occasion being held in New Delhi. In addition to other things, Tez has been renamed Google Pay, and clients will likewise have the capacity to pay moment advances through the administration. As a major aspect of this administration, Google will join forces with driving banks.

Tez, the organization’s UPI installments stage, won’t be changed as far as client encounter. Along these lines, notwithstanding when the name changes to Google Pay, Tez clients will have the capacity to see a similar home screen, charge installment joins, contacts. and so forth. Rather, the tech monster has declared that Google Pay will influence clients to pay more on the web, through in-store and online alternatives. Clients will soon by ready to apply for pre-endorsed credits from significant banks by means of Google Pay, through the up and coming refresh of the application. For this administration, Google will collaborate with Federal Bank, HDFC Bank, ICICI Bank, and Kotak Mahindra Bank, among others.

While expressing that Tez is being utilized by in excess of 1.2 million private companies, the organization expects to accomplice more than 15,000 retail locations by Diwali. Remarking on the Tez update, Caesar Sengupta, VP of item administration, Google India, said that building applications in India infers that Google would work for a worldwide group of onlookers. The announcement recommends that Google Pay worldwide will be founded on the application’s India show.

In the mean time, Google Pay will keep on offering moment versatile energizes, gifting choices like a birthday present, and also special coupons that shift with various installments. As of now, the application is utilized by more than 22 million clients, and Google has guaranteed that more than 750 million exchanges have been finished since the application’s dispatch in September a year ago.

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