Over the years, millions of applications are launched by Google for regular usage in your daily life. One of those astonishing work to this real-life application named Tez.
As soon as the name opened up in public a number of questions started trolling whether this app is going to be safe or not? Is it truly the safest and the fastest mode of making payments… ?
All such answers screwed with Google’s digital mode of making payments. Officially, this Tez app is launched in 18th of September 2017.
What was emphasizing with Tez app?
As soon as the application came over Google Play Store soon it achieved over 5 million user reviews. Within 24 hours of launch, Google successfully achieved almost 1.8 million users across that with 4 100,000 of users remaining active all time.
This entire application developed on the basis of government based Unified Payments Interface (UPI). Other than normal benefits, Tez also allows its users to have free usage at any time with benefits like making payments both in small and large modes directly using your bank accounts.
How does a person making payment-using Tez?
Unlike previously developed applications, Tez turned a different one. Take a look at those differences.
• With a Unified Payment Interface making payments become easier for free of cost.
• Use your own bank account safely for making payments.
• As per the NPCI, this number crossed over 3 millions rate.
• What basic requirement is connecting your account with this app for further easy transactions
What is the present market for Tez?
As noted by NPCI the rates of UPI transactions is definitely increasing day by day. Recently this rate has increased from 3.07 millions in the month of September from that of 1.66 millions in August month.
Almost an increase of 85.32 percent noted within this period. Among this, a market share had been of 24.7 percent. Basically, this application works in companion of four banks, namely, Axis Bank, ICICI Bank, State Bank of India, and HDFC Bank. With over 50 banks required using for the easy transaction.
Though the country India is trying to get digital on all platforms thus the application was developed. Tez pursues the work of serving the vast community of users.
Almost a vast group of languages used for easy understanding of users. If you too left behind, simply wake up and get your phone installed with Tez application.