Wish these two teams at Google talk to each other more often. Google's own YouTube Go is built for Offline first, mobile only India market. However, we Indians love to book tickets on BookMyShow after thoroughly searching for a deal or coupon on CouponDunia.īefore aping Tencent's WeChat, which enjoys nearly a billion active users a month, Tez has a huge task of changing the habit of the 16% of India's internet user to 'use internet' for doing non-entertainment related things. On Google Tez's current website, they show example of PVR being the merchant. Both let merchants set up a virtual store on the app and engage customers by offering promotions and discounts. That's how precious the real estate on customers' mobile phones are.įor example, 'Tez for Business' is identical to 'WeChat Official Account'. In fact, as of 2016 even Apple (IOS 10 and above) lets users remove pre-installed apps on the iPhone, something you could not do since its launch in 2007. But, we all know how users react to bloatware - we remove them on day zero. Google seems to have cleverly addressed this by having OEMs like Lava and Panasonic to pre-install the Tez apps on its phones. The most precious real estate in the digital era is those 7mb of space Tez is trying to conquer on a user's phone. From telecom operators to cab aggregators to banks to VC funded independent startups all have a payment solution and they all are an app. One more app: There are at least 20 leading payment app brands in India. All this said, here's why Google Tez has a long way to go before it can attempt to do what WeChat did in China. Some of the tech features like audio signal based interface for cash transaction is noteworthy. By being cautious and vigilant, you can ensure that your WeChat Pay transactions are safe and secure.Google Tez, as the name stands for 'fast' in Hindi promises a speedy transaction, a clean simple look, a cluster of security filters collectively called 'Tez Shield' and a B2B feature called 'Tez for Business', which allows merchants to get their business on Tez app and interact directly with customers for transaction, offers and more. Reports have been made where WeChat QR codes were scanned by someone behind the user, stealing money without the user's knowledge. For example, it's recommended that you only open the QR code right before making a payment at the merchant when you're outside. As a user, it's important to take additional measures to protect yourself. However, there is limited information available on the protocols WeChat Pay implements. WeChat Pay is a payment platform that encrypts your personal information, financial details, and monetary transactions to keep them secure and confidential. Wide acceptance at a growing number of merchants in Singapore, including restaurants, supermarkets and retail stores, including Cold Storage, 7-Eleven and moreĮasy P2P (Peer-to-Peer) transaction for splitting bills or sending money to friends and family (only available if WeChat wallet is linked to a Mainland China bank account) Here are some of the benefits of using WeChat Pay:Īdvanced security encryption for financial information and personal data WeChat Pay has several features that make it a popular choice among Singaporeans. However, only a WeChat Pay wallet that is linked to a China Mainland bank account can be used to transfer money to other WeChat users. Once you have linked your account, you can easily make payments at participating merchants by scanning their WeChat QR codes. Otherwise, you can link your Visa, Mastercard or JCB credit card to your WeChat wallet. If you’re choosing to link a bank account to your WeChat Pay wallet, it will need to be a China mainland bank account. To use WeChat Pay, you need to have a WeChat account with a linked bank account or credit and debit card.
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