Thursday, March 28

Google Pay Crosses 25 Million Monthly Active Users in India

The digital payments platform that was recently rebranded from Tez to Google Pay by the technology giant Google has crossed the milestone of 25 million monthly active users who have in total carried out about 860 million transactions over the past year.

Recalling the progressive one year since the launch of Google’s payment offering in India, Caesar Sengupta who is the vice president for payments in the company stated that the app has seen widespread adoption from Kanyakumari in Tamil Nadu to Mandvi in Gujarat and Dimapur in Nagaland.

“You are using Google Pay for your bills, your rent, the chaiwallah, the plumber and even your bus rides,” Sengupta said.

Google claimed about 1.2 million businesses in India have adopted its payment platform as their preferred mode of payment. Google Pay is supported by partners Axis Bank, ICICI Bank, HDFC Bank and State Bank of India.