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(Reuters) - Alphabet Inc's Google plans to introduce a localised digital payment service in India as early as next week, technology website TechCrunch reported, citing a report from news site The Ken.
Tez, meaning fast in Hindi, will include support for the government-backed Unified Payments Interface (UPI) and other consumer payment services including Paytm and MobiKwik, according to the report.
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.
The internet giant launched its payment app Android Pay in the United States two years ago.
(Reporting by Tanvi Mehta in Bengaluru and Sankalp Phartiyal in Mumbai; Editing by Gopakumar Warrier)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)