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Google to launch UPI-based mobile payment service 'Tez' in India: Report

Tez, meaning fast in Hindi, will include support for consumer payment services, including Paytm and MobiKwik

Reuters 

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Google plans to introduce a localised payment service in India as early as next week, technology website TechCrunch reported, citing a report from site The Ken.

The payment service, called Google 'Tez', will offer payment options beyond the existing ones like Google Wallet or Android Pay, the report said. 

Tez, meaning fast in Hindi, will include support for the government-backed (UPI) and other consumer payment services including Paytm and MobiKwik, according to the report.

Google launched its payment app in the United States two years ago.

A spokesman for did not immediately respond to a request for comment.

Google, Facebook Inc and WhatsApp Inc were in talks with the National Payments Corporation of India (NPCI) to provide UPI-enabled payment on their platforms, the Mint daily had reported in July.

First Published: Thu, September 14 2017. 11:04 IST
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