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Google has introduced a new payment app in India called Tez (the Hindi word for “fast”). Tez features a technology called audio QR that allows users to transfer money using sounds to pair two devices. Called the “cash mode option,” phones negotiate a connection using audio to identify the payer and payee. (The sounds should be inaudible to human ears though because they’re sent using ultrasonic frequencies, according to the Financial Times.) The feature is therefore similar to cash transactions which don’t require the exchange of personal details like bank accounts and phone numbers. Cash Mode works with any phone with a mic and speaker and Tez app installed, and doesn’t require an NFC chip. Google’s Audio QR technology is similar to Chirp, which also sends data encoded in ultrasonic audio. There are 300 million smartphone users in India, and phones with NFC are still relatively rare and expensive, with many users instead favoring entry-level and mid-tier devices. Tez is a step...

Google Tez app has joined the ranks of digital payments apps in India with the launch on Monday. With already established players like PayTM, PhonePe, and the official app BHIM, the Google Tez app has its work cut out. This isn’t a digital wallet service like PayTM, but uses your bank account to send and receive money. One of the unique features included in Google Tez app is “Cash Mode” which helps you send money without needing the recipient's number or QR codes, instead using an audio matching system. If you are curious about the app, and considering signing up for it, here are 8 things  you need to know about the Google Tez app: The Google Tez app is available on Android as well as iOS, and supports various local languages, including Hindi, Bengali, Gujarati, Kannada, Marathi, Tamil, and Telugu. To register, it asks for your mobile number associated with your bank accounts to set up the app. You are given a list of banks to select from. Once you have entered yo...