wordpress blog stats
Connect with us

Hi, what are you looking for?

Google Tez now offers utility bills payment option

Google Tez now offers the option of paying utility bills. Users will be able to pay electricity bills for BESCOM Bangalore, BEST Mumbai, CESC Kolkata, and Tata Power Delhi and Mumbai among several others, and gas bills for Adani Gas Gujarat, Indraprastha Gas NCR, and Mahanagar Gas Mumbai among others. They will also be able to pay postpaid mobile bills for Aircel, Airtel, Idea and Vodafone, as well as landline bills for MTNL in Mumbai and Delhi, and BSNL.

Other options include payment of DTH bills for Dish TV, Sun Direct TV and Tata Sky, and broadband bills for ACT Broadband, Airtel, BSNL, etc. Google Tez will also allow users to pay insurance premiums for Bharti Axa Life Insurance, Edelweiss Tokio Life Insurance, ICICI Prudential Life Insurance, and Tata AIA Life Insurance among others. Some of the other billers currently on the platform include Bajaj Auto Finance, PMC Property Tax, and Delhi Jal Board.

The only missing element is the absence of prepaid mobile recharge option.

Note that Google Tez supports National Payment Corporation of India’s (NPCI) Bharat Bill Payment System.

How does it work?

 

Advertisement. Scroll to continue reading.

In the Payments section of the app, tap on ‘New’ (with the ₹ icon). It will lead you to the ‘Start a payment’ section, where you will see certain ‘Suggested Businesses’ and your a list of contacts from your phonebook who are on Tez. Here you will see the ‘Pay your bills’ option, under ‘Account Number’ (to pay via your bank account) and ‘UPI ID, QR, Phone’ (the other digital payment options). Tap on it to see the list of billers.

You need to enter your account information for the selected biller. For example, if you want to pay your electricity bill, enter the consumer ID provided by BEST Mumbai or CESC Kolkata. This information will be verified and post that you will be able to view billing details. To pay the outstanding bill, link your bank account, enter the 4-digit UPI Pin for that bank account, and payment processed.

More here.

Google Tez uses Unified Payments Interface (UPI) for payments, which is a protocol that allows the transfer of money from one bank account to another. Apart from allowing transfer of money from UPI ID to UPI ID, account number and QR code, Tez also allows payments by connecting devices using audio.

It had reported over 7.5 million users and 30 million transactions within five weeks of its launch. The transactions included P2P (person to person), cash mode and P2M (person to merchant) payments. Later it had reported 140 million transactions for the months of October 2017 and November 2017 since launch, apart from 12 million users.

Overall, between December 2017 and January 2018, UPI witnessed a 4% increase in the total transaction volumes. The number of transactions grew by 6.4 million in January 2018, whereas the total amount transacted increased by Rs 2,426.9 crores. In December 2017, volume had increased by 40.6 million and amount transacted had grown Rs 3,503.7 crores.

Advertisement. Scroll to continue reading.

Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

India and US come to terms on how to deal with the equalisation levy in light of the impending Global Tax Deal.

News

Find out how people’s health data is understood to have value and who can benefit from that value.

News

The US and other countries' retreat from a laissez-faire approach to regulating markets presents India with a rare opportunity.

News

When news that Walmart would soon accept cryptocurrency turned out to be fake, it also became a teachable moment.

News

The DSCI's guidelines are patient-centric and act as a data privacy roadmap for healthcare service providers.

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ