Google Pay (Tez) for India prepares to add gold gifting option

Google Pay (Tez) for India prepares to add gold gifting option

Google Pay is Google’s unified payment platform, but the company also has an app with the same name but different functionality for users in India. This India-only Google Pay is a rebrand of the erstwhile Google Tez, and the app has gone on to add more functionalities after the rebranding. A Material Theme redesign for the app is in the works, and now Google is planning to add gold gifting options to the payment app.

Google Pay: Save, Pay, Manage
Developer: Google LLC
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Google Pay (Tez) for India introduced an option to purchase gold in April 2019. Gold occupies a special place in Indian culture, and the same is reflected in the fact that India is the second-largest consumer of gold in the world. Google had partnered with MMTC-PAMP India to allow users to buy 99.99% 24 karat gold from within the Google Pay (Tez) app. Users can purchase gold for any value, big or small, and the same is digitally stored in a Gold Accumulation Plan (GAP) by MMTC-PAMP, and physically stored in secure vaults on behalf of the user. These purchases are claimed to be 100% insured.


Gold purchased through the Google Pay account appears digitally in the Gold Vault within the app, which is essentially a visual representation of the GAP account balance. Gold that has been purchased can be sold from within Google Pay at any time at prices which are claimed to be refreshed every few minutes. You can also have your gold physically delivered to you, though this feature is available at a few locations only.

An APK teardown can often predict features that may arrive in a future update of an application, but it is possible that any of the features we mention here may not make it in a future release. This is because these features are currently unimplemented in the live build and may be pulled at any time by the developers in a future build.

Google Pay (Tez) v48.0.001_RC03 contains new strings that indicate that Google is moving one step forward and allowing users to gift gold to each other.

<string name="gold_gifting_description_hint">Add a personal note</string>\n<string name="gold_gifting_gifting_subject">"Gift gold to %1$s"</string>\n<string name="gold_gifting_milligram_quantity_symbol">%1$s mg</string>\n<string name="gold_ui_gift_output_text">Worth %1$s based on current selling price.</string>\n<string name="gold_ui_header_gift_title">How much gold to gift?</string>

As usual, this feature is not yet live within the latest version of the app from the Google Play Store. We expect Google to formally announce the feature when it is ready for rollout. While gifting gold will be made significantly easier with this option, keep in mind that gifting gold does have tax implications in India.

Thanks to PNF Software for providing us a license to use JEB Decompiler, a professional-grade reverse engineering tool for Android applications.

About author

Aamir Siddiqui
Aamir Siddiqui

A journalist at XDA-Developers and the current Editor in Chief, I have been writing for XDA since 2015, despite being a qualified business-litigation lawyer. A low-end smartphone purchase in 2011 brought me to the forums, and it's been a journey filled with custom ROMs ever since. When not fully dipped in smartphone news and tutorials, I love traveling to places just to capture pictures of the sun setting. You can reach out to me at [email protected] And my Twitter is @aamirsidd94.

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