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Paytm launches 2-in-1 ‘NFC Card Soundbox’ for mobile QR payment & card payments

By Gloria Mathias

July 31, 2024

  • Bangla
  • Card Payments box
  • English
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Paytm, UPI payments, Mobile Payments, NFC Soundbox, Fintech News, Fintech Solutions, India FinTech News, India FinTech Product, Merchant payments, Indian Merchants, Payments soundbox, Card Payments box, Mobile QR payments, Paytm, India’s payments and financial services distribution company, has announced the launch of ‘Paytm NFC Card Soundbox.’

This next-generation payment device combines NFC technology with mobile QR payments, offering an affordable device for card payments to millions of offline merchants.

Paytm’s new NFC Card Soundbox marks the next chapter in mobile payments with NFC card payment technology. It democratises access to secure NFC card-reading technology for small shops, empowering them with affordable devices for comprehensive payment acceptance, including credit or debit cards and UPI. Customers can tap a card or scan a QR code to make payments.

With an improved and longer-lasting battery life of up to 10 days, merchants can benefit from the Paytm NFC Card Soundbox without frequent charging. In addition to its core features of instant audio confirmation and a display screen for transaction amounts, this helps merchants streamline their day-to-day transactions, making their business operations more efficient and cost-effective.

Paytm spokesperson said, “We are committed to helping India’s small merchants by providing them with the latest technology to accept all types of payments at an affordable price. Today’s launch of the ‘NFC Card Soundbox marks the next chapter in the innovation of Paytm Soundbox, India’s most loved and successful payment device. With the Paytm NFC Card Soundbox, merchants can seamlessly receive mobile payments from any UPI app and accept NFC-based debit and credit cards, all through a single device. This makes the Paytm NFC Card Soundbox the ultimate offering for offline merchants across the country.”

Paytm pioneered the Soundbox, a first-of-its-kind product, which has gained widespread popularity among offline stores, offering unparalleled convenience for merchant partners. Supporting notifications in 11 languages, namely, English, Hindi, Gujarati, Bangla, Odia, Marathi, Punjabi, Telugu, Malayalam, Tamil, and Kannada, and featuring a range of device models, the Paytm Soundbox is designed to meet the diverse needs of offline merchants across the country.

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