Google to launch payment app ‘Tez’ in India — The Ken — “Google is expected to partner ‘several large private banks in India’ for its payment product, Tez. Besides its own UPI-based service, Google is expected to integrate third-party payment wallets such as Paytm and MobiKwik among others on its platform.”
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India wants to encourage electronic payments, in part to facilitate tax collection. This will create a lot of opportunities.