Tata new app: Tata Group to launch Tata Super app
In the last few years, the demand for digital payment has been increasing in our country. According to sources, Tata Group will soon launch its own Tata New App. At present all the many companies are working on UPI payment system.
UPI payments were becoming very popular. Money is credited to your account through just one QR code. It does not require any bank account information. Tata is going to be digital. It has become easy to transfer money from UPI payment system.
— India TV (@indiatvnews) March 17, 2022
Technology is developing a lot. Friends, if you want to make any small or big payment, you can pay with UPI. With which you can pay the accrued amount. Cheng doesn’t have any headaches. The confidence of the people across the Tata company has been strong for many years.
How to register on Tata Neu app?
Step 1: Download Tata Neu App from Play Store.
Step 2: Enter the mobile number and register in app
Step 3: Enter your full name
Step 4: Now, you’ll be able to access all the tata neu app services
Tata New App services
- Eat & Drink
Tata Neu App Features
- Social media platform
- e-commerce platfrom
- The transport sector
- Food delivery service
- Bill Payment service
- Finance Services
- Insurance and Health related Services
The Tata Group is a very large company. And their CEO is Natarajan Chandrasekaran. Gpay, Phone Pay, Paytm, AmazonPay are currently running in market. This is all a UPI app. Like them, Tata Group will also have its own UPI payment app. Tata Company is working in many other fields like IT, Automotive, Steel, Telecom, etc. Tata wants to enter the company’s digital payment system.
Also read What is UPI payment?
As you know, it is imperative to get the approval of NPCI(National Payments Corporation of India) to launch digital payments in the market. No company can launch its own payment system without the permission of NPCI. Currently, the Tata Group is seeking permission to work on UPI at NPCI. Tata Group will provide a third party payment service.
Third party UPI payment application list
After a while, Tata UPI app will also be included in this list. If there is any non-banking platform app, it needs to be partnered with banks. Such as phonepay, googlepay, Amazon pay, etc. The bigger the platform, the more it can partner with the bank. GooglePay has partnered with 3 banks (SBI Bank, HDFC Bank, ICICI Bank). PhonePay has also partnered with 3 Bank(Axis Bank, Yes Bank, ICICI Bank).
Currently, only 46% of all the payments made by UPI in the world are done through phone payments. Phone pay app customers are more than 50 million. Google Pay has more than 220 million users. Google Pay market share is 37%. As technology is evolving, new features are also coming in the app. At present, features like investment, insurance, ticket booking are also available in PhonePay.
Tata Group is negotiating a partnership with ICICI Bank. Can also partner with another bank if needed in future. No announcement has been made by Tata Group as to when the app will be launched, yet there are rumors that it will be launched in April.
— Tata Group (@TataCompanies) April 7, 2022
Tata Group future plan
Tata is launching the UPI system with the company in mind. Tata is also launching its own cricket app (TATA NEU) in a few days. Tata Group is also the sponsor of the 2022 IPL. This will also allow the customer to take a loan from Tata’s app. It will also have a Neu Coin facility for the reward system. Also called super app. Flight booking, Chrome, BigBasket, 1mg will also be available within this app. But at present this app is only available for Tata Group employees. This app will be launched as soon as possible. UPI payment will also be added in this super app. Cashback will also be offered in this app.
If UPI Payment App is launched by Tata Company in our country then companies like PhonePay and Google Pay will get big competition. Tata Group’s app will be launched so people can also get different types of offers. This will also be of great benefit to the customer.