Google is beating the Indian government at its own game: UPI

Google is cashing in on India’s flourishing e-payments sector, and how.

Tez, the e-payment gateway launched by the Silicon Valley-based company in September 2017, accounted for 52% of Unified Payments Interface (UPI) transactions in India in December 2017, a Credit Suisse report released this month revealed. The Google app is way ahead of the Bharat Interface for Money (BHIM) app, which was launched by the Indian government in January.

The UPI allows users to make payments and transfer...

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India [+]    Tez [+]    Silicon Valley [+]    September 2017 [+]    Unified Payments Interface [+]    UPI [+]    December 2017 [+]    Credit Suisse [+]    Bharat Interface [+]    BHIM [+]   

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