Few days back Google announce that they are
changing the name of India's most favourite payment app Google Taz as Google
pay? So the question arises Why they are changing its name ? The main
reason that I can point out is that Google Tez is limited to UPI payment
whereas Google Pay has Global access. Whenever we wanted to use Google Tez we
have to go through the UPI platform, but now with the help of Google Pay which
is itself a payment gateway, we can directly pay to the various websites from
this. Due to this Universal access Google has decided to change Google
Tez to Google pay.
Also
there are Numerous websites which have already allowed Google pay gateway.
Websites like RedBus Goibibo Jet Airways bookmyshow.com have already
Google Payment Gateway in them so due to this conversion we were able to use
them
Aso there
is news that Google will give platform from where we can sanction loan from the
bank. Google has not yet announce this feature, but as per the numerous
articles, I can say this feature will definitely prove a leading edge in an
Indian payment applications systems.
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