NEW DELHI: Technology giant Google did not name its new digital payments app, Tez , for nothing. But the name of its payments app speaks loudly about the company's strategy and aims. In India, internet means Google, and it's not impossible that in a year or two smartphone payments too start meaning Google.In any case, Google has a bigger game than the companies that already exist in the segment. According to reports, Google is likely to integrate third-party payment wallets such as Paytm on its platform, apart from its own UPI-based service. Google Tez will also come to include all the aspects of digital payments unlike the existing players who focus on single aspects such as mobile wallets and UPI apps

Source: Economic Times September 19, 2017 07:18 UTC