Google has renamed its UPI payment app in India from Google Tez to Google Pay. While this does bring it under Google's recently consolidated payment services, Google Pay in India will continue to use the UPI protocol instead of the NFC-based system used in other countries. Apart from the name change, Google also announced that Google Pay in India will soon allow users to request an instant, pre-approved bank loan directly from within the app. Customers will be able to request a loan from Federal Bank, HDFC Bank, ICICI Bank, and Kotak Mahindra Bank. Users will be able to choose the...
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