There will be a lot of questions about Google Pay in your mind. What are the advantages and disadvantage of using this app?
You must have listened to the name of Google Tez app. In order to promote Digital India, Google launched an app called Tez which was rebranded to Google Pay on 28 August 2018. The Tez name was taken from the Hindi language, and people think that Google Tez app is created just for India. Due to this application being more popular in India, Google is now thinking to start Google Pay App in countries like Indonesia, Vietnam, and Thailand. This was the biggest reason that Google Tez was renamed as Google Pay.
To promote Digital India, NPCI (National Payments Corporation of India) first released the Unified Payments Interface based Bhim App. Shortly after that, all the banks launched their own UPI app. You must have heard the name of Bhim and PhonePe that same Google Pay app works. You get a little extra feature on Google Pay. Now Paytm has also started supporting UPI.
What Is Google Pay?
Google Pay UPI (Unified Payments Interface) is the Mobile Payment System app. Google Pay also works like Bhim and the rest of the UPI Apps. In this, you get the Feature of Tap for Tez Mode in which you can pay the person who is in front without asking the UPI ID. It also saves you time.
The Google Pay (Tez) app was launched by the Google Team on August 17, 2017. With the help of this app, you can instantly transfer money to any person’s bank account. UPI is a mobile payment system where you can send money at any time and in any bank. Not necessarily the person you are sending money is also a Google Pay (Tez) app user, you can transfer money to Direct Bank’s bank account too.
Now UPI Payment is being accepted at many places and you do not have to spend money in Pocket. If anybody wants to pay the money then we do not need to send money to Net Banking or Bank, but we can send money to anyone’s bank account in less than 1 minute. So let’s start to know how Google Pay App works.
How does Google Pay app work?
Google Pay works on UPI. Now you should be wondering what is UPI? The full name of the UPI is Unified Payments Interface. This is a real-time payment system. It was introduced by NPCI (National Payments Corporation of India) on April 11, 2016.
After registering on this app, we have to link our bank account and then we can send and receive money from the same bank account. When you send money to anyone with the help of this app, the money from your bank account will cut and transferred to the other person’s bank account, and when any person will sending money to you, then money will cut from his/her bank account and transferred to your bank account.
Due to Bank to Bank money transfer, we can instantly pay anyone. With this, you can also do mobile recharge and bill payments.
What are the benefits of this App
Security: Google Pay is very secure in case of security. It’s not easy to hack any product of Google. This is still a payment app, but security is much more secure than the rest of the application. You can use this app without tension.
Tap for Tez Mode: You can use Tap mode to perform a quick transaction. It also saves your precious time.
Bank Payment: You can send money to any person’s bank. Even he/she does not use the Pay app. This app supports more than 50 banks.
Mobile Recharge & Bill Payment: You can recharge mobile and Dish TVs at home. At the same time, you can also pay bills with it.
Chat Service: You can also chat with the Transaction.
Language Support: It currently supports English, Hindi, Telugu, Bengali, Gujarati, Kannada, Marathi, and Tamil languages.
Earn Money: You can also earn money from the Google Pay app. There are 2 ways to earn money: invite and scratch cards You can earn up to 51 rupees by inviting any friend. When you pay someone more than Rs 150, you and your friend get a scratch card. You can earn some money by scratching that scratch card.
So friends let’s talk about conclusion, so I think Google Pay is a good payment solution.
By using it, we can save some of our time in daily activities. Like d2h, we have to go somewhere to recharge.
But after using it, we can recharge from sitting at home. By using this facility, you can save your precious time and put that time in Work. We should use this type of app to promote Digital Technologies in our country.