Google Tez gets 410,000 active users with transactions worth Rs 1.8 cr

Caesar Sengupta, Vice President of Product Management said he was happy with the numbers of the first few hours

Google says its new payments app for India, Tez, garnered 410,000 active users who made transactions worth Rs 1.8 crore in the first 20 hours of the app being launched.

Tez was one of the most anticipated apps of the year, marking the entry of Google in India's fast-growing digital payments space. The unprecedented traffic the service encountered led to a temporary delay in allowing new users to sign up.

"We are really happy with the numbers. I wish we hadn't had some of the ups and downs we had yesterday, but still, we're very happy with the first few