Related: UPI: Here's what you must know about this new-age payment mode Though the primary function of the app is to allow simple money transfer transactions, it also allows the users to make payments in stores that accept UPI-based transactions. Google Pay simplifies the process of money transfer even through their website. Interestingly, a person doesn’t have to be on the Google Pay app to receive payments. So the entire concern of receiving money in wallets and then transferring into the bank account has been eliminated. Google Pay enables sending and receiving money, but unlike other digital wallets, the payments can be received directly into the bank accounts. Related: How Unified Payment Interface (UPI) can change the way you bank Google Pay has been launched with a slew of amazing features and its expansion plans are all set to transform the payments market in India. It later re-branded the Tez app as Google Pay keeping in view the ever-growing UPI payments market in India.

Google had brought Tez to join the league of digital wallets and handle everything payments related in India. Digital wallets have been upping their game with unique features and smooth user interfaces. Sending and receiving money online has become a common practice in India today.

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