One 97 Communications Limited, the parent company of Paytm, has announced the launch of India’s first NFC Card Soundbox.
This innovative device combines Near Field Communication (NFC) technology with mobile QR payments, providing a versatile and affordable payment solution for millions of offline merchants.
The new Paytm NFC Card Soundbox allows customers to make payments by simply tapping a debit or credit card or by scanning a QR code.
This device aims to democratize access to secure NFC card-reading technology, equipping small shops with the ability to accept a comprehensive range of payment methods, including credit and debit cards as well as UPI.
Key features of the Paytm NFC Card Soundbox include:
- Comprehensive Payment Acceptance: The device supports payments through credit or debit cards and UPI, providing a versatile solution for merchants.
- Enhanced Battery Life: With a battery life of up to 10 days, the device minimizes the need for frequent charging, offering added convenience.
- User-Friendly Design: The NFC Card Soundbox includes instant audio confirmation and a display screen for transaction amounts, streamlining business operations for merchants.
- Multi-Language Support: It offers notifications in 11 languages, including English, Hindi, Gujarati, Bangla, Odia, Marathi, Punjabi, Telugu, Malayalam, Tamil, and Kannada, catering to the diverse linguistic needs of merchants across India.
A Paytm spokesperson commented on the launch, stating, “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. The NFC Card Soundbox enables merchants to seamlessly receive mobile payments from any UPI app and accept NFC-based debit and credit cards, all through a single device.”
Paytm’s Soundbox has been a popular product among offline merchants, offering convenience and supporting notifications in multiple languages to cater to diverse regional needs.
The NFC Card Soundbox continues this legacy by enhancing the payment experience and operational efficiency for small businesses across India.
About Paytm
Paytm is a leading mobile payments and financial services distribution company in India, pioneering the mobile QR payments revolution. It builds technologies that help small businesses with payments and commerce.
Its mission is to serve half a billion Indians by bringing them into the mainstream economy through innovation and technology.
