Over 5 million people download Google’s ‘Tez’ app

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Google’s virtual price app ‘Tez‘ that was released in India on September 18 has been downloaded by 5 million instances on Play store.inside 24 hours of ‘Tez’ being released, Google saw almost 1.8 crore gross products quantity (GMV) finished with over 4 lakh energetic users.constructed at the Indian government-supported Unified payment Interface (UPI), Tez lets customers, free of charge, to make small or massive payments immediately from their bank debts.according to the countrywide price corporation of India (NPCI), the variety of transactions on UPI has crossed three crores in September.

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The number of transactions on UPI platform improved to 3.07 crore in September as against 1.66 crores in August — a boom of 85.32 in step with a cent.Of the 3.07 crore transactions, BHIM’s percentage was 76.03 lakh — a market proportion of nearly 24.7 consistent with a cent.

“Tez” app works in partnership with four Banks — Axis bank, HDFC Bank, ICIC bank and the state bank of India — to facilitate the processing of payments over 50 UPI-enabled banks.

The Google app became built for India, working at the extensive majority of the country’s smartphones and is available in English and seven Indian languages — Hindi, Bengali, Gujarati, Kannada, Marathi, Tamil, and Telugu.

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