Money Excel - Personal Finance Blog

Menu
MENUMENU
MENUMENU
  • Home
  • Business Ideas
    • 225 Small Business Ideas
    • 40 Online Business Ideas
    • 20 Business Ideas for Beginners
    • 20 small manufacturing business
    • 30 Food Business Ideas
    • 100 Business Ideas low investment
  • Stock Market
    • Best Demat & Trading Accounts 2020
    • Best Stocks 2020 by Experts
    • Best Virtual Trading Apps
    • Best Stock Screener
    • Best Discount Brokers in India
    • Multibagger Stocks of LockDown
    • Rakesh Jhunjhunwala Portfolio
  • Mutual Funds
    • Best Mutual Funds 2020-21
    • Best Direct Mutual Fund Platform
    • Best Mutual Fund Mobile Apps
  • Incometax
    • Income Tax Slab FY 2020-21
    • Income Tax Calculator FY 2020-21
    • Income Tax Refund Request
    • Pay Advance Tax Online
    • Download New 15G -15 H Forms
  • Investment
    • Best Investment Ideas 2020
    • Long Term Investment Options
    • Best Investment Regular Income
    • Best Investment Options NRI
  • Credit Card
    • Best Credit Cards 2020-21
    • Best credit card for online shopping
    • Best Forex Card in India
    • Best Business Credit Cards
    • Credit Cards against Fixed Deposit
  • Insurance
    • Best Term Insurance Plans 2020
    • Best Health Insurance 2020
    • Best LIC Policy 2020
    • Best Car Insurance Companies
    • Best Mobile Insurance Companies
  • Downloads
Home
Personal Finance
Google Pay – Digital Payment App by Google for India

Google Pay – Digital Payment App by Google for India

Raviraj Parekh May 16, 2020

Google Pay

Google Pay Formally known as Tez is a new digital payment app launched by Google. Google Pay(Google Pay) is an exclusive app for India. You can send receive instantly to anyone using this app. Google Pay app will work with mobile, tablet, desktop and laptop. Google Pay means fast. This application is using NPCI’s (National Payments Corporation of India) Unified Payments Interface (UPI). This app is available in multiple languages. You can find Google Pay – Payment App by Google in Google Play.

How to use Google Pay Digital Payment App by Google?

The step by step guide for using Google Pay Digital Payment App is given below.

#  Step -1

Do not miss below posts -
  • 5 Unknown Facts about Bank Lockers
  • Union Budget 2016 – Expectation of Common Man
  • 20 Best Quotes by Robert Kiyosaki

Download Google Pay From Google Play. Upon installation, you will be prompted with language preference. This app supports seven languages starting from English to Tamil.

Also Read – WhatsApp Payments – Simple Way to Send and Receive Money

# Step -2

Now you need to input your phone number. Use number that is registered with your bank account. Next is a selection of your Email Id from your Google profile. Once you are done press continue button and application would generate OTP for the verification.

Tez Mobile App

#Step -3

After Verification of your account using OTP, you will be prompted to apply additional security by creating Google PIN or by using your screen lock. This is to safeguard your application from unauthorized access.

#Step-4

Add your Bank account by clicking on Add Bank Account. Select your bank, the app will verify your register bank account and ask you for last 6 digits of your ATM card and expiry date. Once you enter this information you are good to go with sending and receiving payment using Tez.

Do not miss below posts -
  • Personal Finance lesson from Entrepreneur – Ratan Tata
  • ATM PIN mandatory for purchase using Debit Card
  • How to Lock Unlock Aadhaar Card Online?

Tez

You can send receive payment using account number, UPI ID, QR code or by phone number. Click on a New icon, enter the detail and make payment. You can also avail rewards and offer from the dashboard. This includes inviting friends and getting Rs.51 for acceptance and first transaction.

Also Read – 10 Best Cashless Payment methods

Key Features of Google Pay

  • Send receive money to your friends and family. Instantly transfer money from one bank account to another.
  • Multilayer Google Security and PIN-based restriction using Google Pay Shield. Each transaction is secured with your UPI PIN and the app is secured with a Google PIN or fingerprint.
    No need to share personal details for sending and receiving payment only UPI id is enough.
  • Google Pay works with all banks in India that support UPI.
  • This app supports multiple languages like English, Hindi, Bengali, Gujarati, Kannada, Marathi and Tamil.
  • You can avail multiple rewards and benefits like getting Google Pay Scratch Card. You have a chance to win up to Rs.1000 per transaction. Google Pay’s Lucky Sunday Content with a chance to win up to Rs.1 Lakh every week.
  • Entire transaction history is saved for review and reference purpose.
  • You can also use this app to make online payment using UPI.
  • Currently app is supporting bank account soon debit card and credit card payment features will be added.
  • Another feature under pipeline is to set reminders for recurring bills such as DTH.
  • This app require Indian bank account and registered mobile number for making transaction.

Review

An excellent application with an amazing interface to make transactions anytime anywhere. It’s very easy to use and pretty fast. It supports options to pay using QR Code, phone and UPI ID. As it is backed by Google security will be very robust. Additional rewards and offers are added advantage for the end users.

Overall it seems to be very good app. Let’s see how this app will gain momentum with Digital India Initiative.

Prev Article
Next Article
Tags:Google Pay Google Pay Features Google Pay Key Features tez Tez Digital payment app Tez Feature List Tez Google Tez How to Tez Key Features Tez Payment App Tez Review

About The Author

Raviraj Parekh

Raviraj is the man behind moneyexcel.com. He is PGDBA, engaged in blogging for 10 years. Moneyexcel blog is ranked as one of the Top 10 Personal Finance Blog in India. He is not affiliated with any financial product, service provider, agent or broker. The purpose of this blog is to spread financial awareness and help people in achieving excellence for money. Please note that the views expressed on this Blog/Comments are clarifications meant for reference and guidance of the readers to explore further on the topics. These should not be construed as investment advice or legal opinion.

2 Comments

  1. Amit

    Is is better than bhim…And secure like bhim ?

    September 18, 2017
  2. Raviraj Parekh

    No in comparison with BHIM, BHIM is better. BHIM support offline access using *99# USSD. Security of BHIM app is also robust.

    September 18, 2017

Leave a Reply

Cancel reply

IIFL Demat Account

Search

Top Posts & Pages

  • Income Tax Calculator FY 2020-21 (AY 2021-22) – Excel Download
  • How to check Property Records and Land Records online in India?
  • Rakesh Jhunjhunwala Portfolio Holdings - January 2021
  • 225 Small Business Ideas with Low Investment in 2021-22
  • Cash Deposit Machine Locator – How to find CDM Near You?
  • 20 small manufacturing business ideas with low cost
  • LIC Premium Paid Certificate Download For Income Tax Purpose - Online
  • Top 60 Manufacturing Business Ideas
  • 10 ways to Convert Black Money to White
  • Income Tax Calculator FY 2019-20 (AY 2020-21) - Excel Download

Subscribe to Blog via Email

Join 5,474 other subscribers

Follow MoneyExcel

Money Excel – Personal Finance Blog

Personal Finance Blog
Copyright © 2021 Money Excel - Personal Finance Blog
| About |Downloads | Contact Us | Sitemap | Disclaimer | Privacy Policy |