Tez App by Google – Things to know about it

Google Tez has just completed two weeks of its launching. But it has brought a revolution in the history of online payments. It’s pretty simple to do transaction via this app. And when it comes to the security of data, no other app can beat this; afterall it is a Google product. In this article, I will share some information about this app. What Tez is? How you can do transaction via this app? What to do if your transaction does not complete successfully? And most important, how you can earn money out of it? These are the questions will be answered in this article. So, read it carefully till the end.

What is Tez?

Most of you would be well aware about this app. But, for those who do not know about this app, I want to tell them that it is a UPI based money transferring app. This app is currently launched only for India. The main motive of this app is to promote the digital payment methods in India. By this app you will be able to send money to your relatives, pay your bills, do shopping and many more things. The money is send directly from Bank-to-Bank. It means your money is safe with your bank. You do not have to open another virtual wallet here.

How to use it?

You can install this app from the app store or via your friend’s referral. The steps are just basic like registering your mobile number, verifying your mobile number registered with your bank account and some other steps. If your bank account is successfully registered here, then you can do the transactions with any other Tez user. There are various methods of transactions as :

  1. By QR Code : One person has to show the QR Code while the other has to scan that code.
  2. By UPI ID : UPI is the new way to transfer the money. Everyone has a unique UPI ID by which they can transfer the money.
  3. By Phone Number : The Tez User whose mobile number is registered in Tez can transfer money with another Tez User.
  4. By Account Number + IFSC : One has to know the account number and the IFSC Code of the other person in order to make the payment.
  5. By Cash Mode : This is a new way to transfer money. This technique works when one user taps on Pay and the other one taps on receive. This works by the audio calibration.

What to do when the Transaction is incomplete?

There are two things about the transaction. First, the transaction can be completed. Second, the transaction can be failed. As this system works within Bank-to-Bank transfer of money, it might be possible that the Bank servers are busy or facing some kind of technical issues. Here, sometimes money is deducted from one’s account and does not reach the other end. It means the money is stuck somewhere within the servers. If you have faced one such condition then what should you do now!

First of all, wait for 2-3 working days. If the money does not return in your account or get transferred on the other’s account, then you have the option to contact Tez customer care. You can find it on the settings of your Tez app. In settings, go to the Help and Support option. There you can see the call or the message option. From there you can contact the service operators by entering your mobile number.

Tez app – A way to earn stipends

If you are using Tez app then you would be well aware about the rewards section of Tez. If you don’t know about it, then I must tell you that you can earn upto 9000 INR from this app by the means of referral and Lucky scratch card method. You will get 51 INR when someone install this app from your referral link and do his/ her first transaction with you. And everytime you do a transaction of minimum 50 Rs. with a different Tez user you get a Blue scratch card which can help you earn upto 1000 Rs. with it. Also you will automatically be eligible with the Lucky Sunday Contest with a orange scratch card which will open at Sunday evening at 7:00 P.M. The lucky person can earn upto 1 Lakh INR.

Note : You can earn upto 5 scratch cards per week as per the writing of this article. It was upto 10 scratch cards per week when the app was launched.

You can refer a total of 50 users by your account which means you can earn upto 51*50=2550 Rs. from the referral system.

What to do if you are the Lucky Sunday Contest winner?

If you are the Lucky Sunday Contest Winner then, first of all congratulations to you for winning the amount of Rs. 1 Lakh! Then after you have to do some sort of formalities. You will be asked your PAN number for the tax purpose. Google has clearly mentioned that you will be paid the total amount of Rs. 1 Lakh with Google paying all the tax amount. After doing these formalities the amount will be added on your bank account.

The Conclusion

That’s all I know and you would like to know about the Google Tez app. If I forgot to mention something useful then please put your opinions in the comment section below. You can check our other articles below.

Thanks for reading!!!

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