Google ties up with Indian lenders in bid to woo new users

• Sarwar Alam
• 29 August, 2018

By: Sarwar Alam

Alphabet Inc’s Google said on Tuesday (28) it is partnering with a handful of Indian banks to bring quick loans to the masses, as it aims to woo tens of millions of new internet users in the country to its digital payments services. At an annual Google event in New Delhi, Caesar Sengupta, the vice-president of Google’s Next Billion Users initiative and its Payments said the move would make banking services accessible to tens of millions of Indians. Google launched payments app Tez, meaning fast in Hindi, in India last year integrating it with the state-backed unified payments interface (UPI) as it sought to…

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