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Google's new 'Tez' payments app uses ultrasound to send money

As previously rumoured, Google has announced a new mobile payments service aimed specifically at Indian consumers. The app is designed to replace cash and includes support for instantaneous transactions. They can be sent using ultrasound signals.

Reports: Google preparing 'Tez' mobile payments service for India

Google's planning to launch a new mobile payments service in India, according to local reports. The platform could arrive as early as next week and will include more options than Google Wallet and Android Pay, the company's current payment solutions.

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