Key highlights:

  • Pichai boasted that Google Tez had already has over 7.5 million users in just five weeks since its launch
  • Pichai further added that Tez has been used to make over 30 million transactions
  • Many of the users claimed of losing the money during the transfer process

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Google, CEO, Sundar Pichai in his recent earnings call for Alphabet Inc's earnings spoke to analysts about Google Tez, its payments app launched in India last month. In the call Pichai boasted that Google Tez had already has over 7.5 million users in just five weeks since its launch in India.

Pichai further added that Tez has been used to make over 30 million transactions. He also said that he is really excited about the potential this brings for India's mostly cash-based economy, according to a NDTV report.

The numbers can be true as according to Google Play figures the Tez app has installs between 5 million to 10 million. While this may be so, there are several reviews still regarding issues that users are been facing with the app.

Many of the users claimed of losing the money during the transfer process, as the money was deducted from their account but did not make it to the beneficiaries account. And these are not even the negative comments which were given by users on the day of the launch of Google Tez. These are users feedback as old as last week.

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