Finance Minister of India Arun Jaitley speaks during the launch of the Google 'Tez' mobile app for digital payments in New Delhi on September 18, 2017. / AFP PHOTO / SAJJAD HUSSAIN
NEW DELHI: Alphabet Inc's Google on Monday launched a localised payments app for India as it tries to gain a foothold in the country's rapidly-growing digital payments space.
India's crowded digital payments market, expected to grow ten-fold to US$500bil (RM2.09tril) by 2020, received a shot in the arm after Prime Minister Narendra Modi banned old high-value notes last year, forcing people to use e-wallets and card payments.
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