One97 Communications Limited (OCL) that owns the brand Paytm has launched two new and improved Paytm Soundboxes. These Made In India devices reflect Paytm’s commitment to meet merchant needs, enabling them to manage daily sales and customer interactions efficiently. Paytm Soundbox, a pioneering product in the industry, is now a common sight in shops across the country, recognized by merchants for the convenience and security they provide to their businesses.
The both new Paytm Soundboxes are equipped with 4G network connectivity, ensuring reliable and fast network and notifications. It features instant audio confirmation, so merchants can hear payment confirmations immediately. The devices include a powerful speaker that delivers better audio, making it easy to hear even in busy environments. With a long-lasting battery life of up to ten days, merchants can rely on it throughout the week without frequent recharging.
Paytm Soundbox brings the power of Rupay Credit Card on UPI, offering zero MDR to small merchants for transactions under Rs. 2000. This service allows small businesses to save on transaction fees, expanding their profitability and making it easier to adopt digital payments. This service is particularly beneficial for street hawkers to food and grocery delivery shops across the country, who frequently manage numerous small-value transactions daily.
Paytm spokesperson said, “Our Soundboxes are Made in India which is our commitment to grow the payment system with software and hardware manufactured in India. Paytm Soundbox brings the power of Rupay Credit Card payments on UPI to merchants of all sizes, from rickshaw drivers and food & grocery delivery services to large retail stores. They can conveniently carry the device in their pocket or around their neck, or place it at their stores for easy payment processing. This helps merchants, from those with high transaction volumes to small-scale businesses, accept and confirm payments seamlessly without needing to use their phones or apps. Together with NPCI, we are committed to expanding the UPI payment ecosystem in every nook and corner of India.”
