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Google Tez bags 12 mn active users in 10 weeks

The company is following its competitors and using the cashback route to gain users

digital payment, transaction, mobile wallet
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Photo: Shutterstock

Karan Choudhury New Delhi
Global technology giant Google on Tuesday said that its mobile wallet app Tez, which was launched just 10 weeks back, has gained over 12 million active users. Ceaser Sengupta, VP Next Billion Users at Google, said that the mobile wallet has processed over 140 million transactions in a short span.

The company is planning to expand its services and has tied up with as many as 70 utility providers, including BSES and Dish TV, among others. The company plans to add more service providers and launch the service in the next few weeks. 

Taking on current market leaders such as Paytm,