Google's payment app for India 'Tez' becomes Google Pay
New Delhi, Aug 28 : Readying its digital payment service for India, Tez, for a global roll out, Google on Tuesday renamed the app as Google Pay and introduced new features that could soon help its Indian users get instant "pre-approved" loans from some banks.
"Building for India has often meant Google building for everyone all around the world," Caesar Sengupta, Vice-President, Next Billion Users initiative and Payments, Google, said at its annual Google for India event here.
"At the moment, nothing is changing about the experience in India other than the name," he said, adding that Google is working with a few of India's top banks -- HDFC Bank, ICICI Bank, Federal Bank and Kotak Mahindra Bank -- to offer pre-approved, instant loans to their customers, right from within Google Pay.
This feature will roll out to eligible users within the next few weeks, Google said. With the roll out of this feature, eligible users will see a notification telling that that they are pre-approved.
Next, the users would have to decide how much they want to borrow, and how quickly they would like to repay.
Finally, after reviewing the terms of the loan, the bank will deposit the money in their bank account instantly -- without the need of any additional paperwork, Google said.
"In coming weeks and months, Google is making Pay even more useful through expanding the places users can pay in-store and online, expanding services for merchants, and working with the banks to provide instant loans to Google Pay users," Sengupta said.
Google launched the Tez app in India last year and since then over 55 million people have downloaded the app and more than 22 million people and businesses actively use the app for digital transactions every month.
Google Pay works with all major banks in India on BHIM UPI (Unified Payments Interface).
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AIITA welcomes Karnataka’s ban on obscene songs in school events
Bhatkal: The Karnataka unit of the All India Ideal Teachers Association (AIITA) has welcomed the Karnataka government’s decision to strictly ban school children from dancing to obscene songs during educational and cultural programmes in government, aided, and private schools across the state.
AIITA Karnataka State President M. R. Manvi congratulated the government for taking what he termed an important step to preserve the sanctity of education.
“Such decisions to safeguard the dignity of school children and uphold the values of education are the need of the hour. This rule should not be limited to government schools alone but must be strictly implemented in all private educational institutions as well,” he said.
He further urged the government to address other concerns within school programmes.
“The government should not only prohibit obscene dances in the name of school anniversaries, but also ensure that plays and dialogues that incite religious hatred are avoided. Schools should be centres of harmony, not platforms for spreading hatred,” he added.
According to a recent circular issued by the Department of School Education and Literacy, obscene dances are adversely affecting the mental health and moral values of students.
In this regard, schools have been advised to use songs that promote nationalism, positive thinking, the greatness of Kannada culture, and value-based traditions instead of inappropriate content during programmes.
The circular also emphasises that students should be dressed in decent attire.
AIITA also backed the department’s warning that disciplinary action would be taken against head teachers if such guidelines are violated. The association has further demanded that district Deputy Directors of Public Instruction strictly monitor the implementation of these rules.
