Google debuts Tez, a mobile payments app for India that uses Audio QR to transfer money

IMG_3792

After several weeks of speculation and leaked details, today Google officially unveiled its first big foray into mobile payments in Asia. The Android and search giant has launched Tez, a free mobile wallet in India that will let users link up their phones to their bank accounts to pay for goods securely in physical stores and online, and for person-to-person money transfers with a new twist: Audio QR, which uses ultrasonic sounds to let you exchange money, bypassing any need for NFC.

Continue reading… “Google debuts Tez, a mobile payments app for India that uses Audio QR to transfer money”

0