Sengupta moreover revealed that Google embrace the actual fact the app has processed 140 million transactions since launch – seeing a 4x progress in frequent transaction measurement to this point, indicating a progress in shopper perception. According to NPCI data, Sengupta says that in October-November interval, Tez accounted for 70 p.c of transactions on BHIM UPI. Sengupta moreover revealed that there are 5.25 lakh retailers already on Tez. Small firms are moreover using Tez to pay suppliers, and swap money to workers.
At the Google for India event, Sengupta launched the launch of bill funds on Google Tez. The app, starting Tuesday, now helps bill funds for Tata Power, Airtel, ACT, DishTV, DoCoMo, and totally different utility provider. The app could fetch all unpaid funds from a biller. At launch, it could help over 70 billers, along with nationwide and state electrical power suppliers, gasoline and water, and DTH recharge. The attribute will most likely be rolled out progressively over the following couple of weeks to prospects, who will receive a notification when the attribute turns into accessible to them.
Sengupta acknowledged that bill funds are a key use case, and that the company will protect rolling out enhancements on this entrance every few weeks. Alongside, he moreover launched a model new attribute internally often called ‘Sparks’. This was described as “little moments of delight” which could be triggered when a specific phrase or phrase was included in a message along with the price.
There a lot of updates deliberate for Google Tez in 2018, Sengupta, with some “big features” for retailers.
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The post Google Tez Now Has 12 Million Users in India, Gets Bill Payments Feature appeared first on News Doses.