Google's Tez app will soon be able to process bill payments

Google's Tez app will soon be able to process bill payments

At an event held in New Dehli, the search giant revealed that Tez will pass 12 million active users in India within the coming days.

Google's beside itself with joy at having triumphed with Tez, its app for peer-to-peer payments in India. Back at the end of October, Google CEO Sundar Pichai revealed that the UPI (Unified Payments Interface) had gained over 7.5 million users. Hinting at not only the growing internet user base but also the shift away from desktop to smartphones, Rajan Anandan, Vice-President - South East Asia and India, Google, said there are over 400 million internet users in India, with around 330 million accessing internet smartphone.

The company also said that from now on, Google's Tez app will facilitate payments to merchants as well. Sengupta also proudly announced that there are now over 500,000 ("5.25 lakh") merchants on Tez, with more and more small businesses making and receiving payments through the service every day.

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According to NPCI data, Caesar Sengupta, VP of Product Management and lead for the Next Billion Users initiative at Google said that in October-November period, Tez accounted for 70 per cent of transactions on BHIM UPI.

At its third annual Google for India event in New Delhi today, the company noted that its Tez payments app is set to cross 12 million active users in the country soon - and that it's getting some hot new features to make bill payment a breeze. The app, starting Tuesday, now supports bill payments for Tata Power, Airtel, ACT, DishTV, DoCoMo, and other utility provider. Google is planning to introduce more features in Google Tez in 2018.

At its launch, the bill payment facility will support over 70 billers, including national and state electricity providers, gas and water, and DTH recharge, Google said. Google Go will be the default search app for Android Oreo (Go Edition), it said. "When we build better products for India, we ultimately build better products for everyone".