19 September Google’s new payment app for India uses sound to transfer money September 19, 2017 By Maxit Communications Case Studies, General, Google, Microsoft, New Projects, News, Social Media, Technology Google, Payment, Money, Financial, QR, Code, WOWinteractive, Nerds, Gadgets, Tech, Technology, Design, Future 0 Google has introduced a new payment app in India called Tez (the Hindi word for “fast”). Tez features a technology called audio QR that allows users to transfer money using sounds to pair two devices. Called the “cash mode option,” phones negotiate a connection using audioto identify the payer and payee. (The sounds should be inaudible to human ears though because they’re sent using ultrasonic frequencies, according to the Financial Times.) The feature is therefore similar to cash transactions which don’t require the exchange of personal details like bank accounts and phone numbers. Cash Mode works with any phone with a mic and speaker and Tez app installed, and doesn’t require an NFC chip. Google’s Audio QR technology is similar to Chirp, which also sends data encoded in ultrasonic audio. There are 300 million smartphone users in India, and phones with NFC are still relatively rare and expensive, with many users instead favoring entry-level and mid-tier devices. Tez is a step beyond Android Pay, because it allows users to link payment apps from Indian banks — it works with all of the country’s 55 banks on India’s Unified Payments Interface (UPI). UPI is a system that allows numerous bank accounts to be linked into one mobile app, and enables secure peer-to-peer payment. According to Bloomberg, digital transactions have surged after the Indian Government banned high-value cash notes late last year. Tez also facilitates bank-to-bank payments and is protected by Tez Shield, a data security platform from Google that detects fraud and protects user identity. Tez behaves like a chat app, using your contact list as a way to keep transaction history organized. People or businesses you’ve sent or received cash from grouped together “like a conversation,” Google says. The company says small businesses can also use the app to accept payments into their bank accounts, and it also accepts payments from mobile sites with “just a few taps.” Tez is available on both Android and iOS, and Google plans to release the app in other emerging countries including Vietnam, Indonesia, and Thailand. https://youtu.be/LN2F0ae--WE Source: by Thuy Ong@ThuyOng Sep 18, 2017, 5:32am EDT Related 10 Ways Scammers Are Stealing Your Money Online Cybercrime has been a lucrative business for swindlers since the early days of the internet. Despite the advancements in security, such as biometrics, and promising payment trends, like the blockchain, hackers and criminals will always be one-step ahead of us. That’s why it’s important for us to become knowledgeable on the common ways that scammers use to steal your hard-earned money so that we can thwart any threats before they become a problem. MacBook Price in India Increased by Up to Rs. 10,000 While the entire world was focussed on the launch of the new MacBook Pro, Apple India decided to quietly increase the price of the MacBook by as much as Rs. 10,000.The change happened last week, and Apple India’s website has been updated to reflect the new prices. The 7 Best Office Music Playlists for Productivity The trouble is, finding the perfect playlist isn't always easy. With endless streaming music possibilities at my fingertips, it can be hard to nail down just the right tunes to get the wheels turning. So, I did what we do best around here -- a little research. 7 New Twitter Features (and 4 Others You May Have Missed) In an industry fixated on rapid growth, any slowdown in user acquisition or monetization sounds alarms. And Twitter, whether it likes it or not, has been sounding a lot of them lately. 16 of the Best Examples of Beautiful Blog Design According to a recent U.K. survey, bloggers have ranked as the third most trustworthy source of information, following only friends and family. That's right -- bloggers are trusted more than celebrities, journalists, brands, and politicians. But how do you get people to fall in love with your blog in the first place? (Aside from remarkable content, of course.) Well, just as your website homepage is like the front door to your business, your blog's design -- much like a welcome mat -- is the front door to your business blog. If you're not attracting people visually, how will you get them to take the next steps to actually read your content? Once you're done creating the quality content, you still have the challenge of presenting it that clearly dictates what your blog is about. Images, text, and links need to be shown off just right -- otherwise, readers might abandon your content, if it's not aesthetically showcased in a way that's both appealing and easy to follow. That's why we've compiled some examples of blog homepages to get you on the right track to designing the perfect blog for your readers. Check 'em out. 8 Writing Tips I Wish I Knew Before I Started Blogging I wrote my first blog post two summers ago. And I wish I could erase it from the internet. Reading it is like looking at my middle school Facebook pictures -- it’s almost too cringe-inducing. Comments are closed.