Google joins mobile payments race in cash-reliant India


  • TECH
  • Monday, 18 Sep 2017

A man stands in front of a screen during a Google event in New Delhi, India September 27, 2016. REUTERS/Adnan Abidi/File Photo

Alphabet Inc’s Google introduced a digital payments service specifically designed for India as competition heats up for the country’s billion-plus potential users. 

Tez, the Hindi word for fast, debuted Monday for download on iPhones and Android devices and joins an increasingly crowded field. The service is compatible with the Indian government-backed Unified Payments Interface, which simplifies financial transactions and transfers of money between banks. 

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