 "Jaitley, Google Tez launch, Arun Jaitley")
In a bid to tap India's rapidly-growing digital payments market, Google has launched its ‘Tez’ application. Built on the government-backed Unified Payment Interface (UPI) platform, the app will allow users to securely pay for goods and services both online and offline, and also make person-to-person transactions.
Digital payments have got a huge push post the government's demonetisation exercise in November last year. According to government estimates, digital economy has the potential to go up to $1trillion in the next few years. Finance minister Arun Jaitley, who launched Tez, observed that during November, December and January a lot of people made
