One 97 Communications launches Paytm NFC Card Soundbox for affordable card payments

Paytm's new NFC Card Soundbox empowers small shops with affordable devices for comprehensive payment acceptance, including credit or debit cards and UPI. Customers can simply tap a card or scan a QR code to make payments.

By  Storyboard18Jul 30, 2024 12:59 PM
One 97 Communications launches Paytm NFC Card Soundbox for affordable card payments
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 innovation helps merchants streamline their day-to-day transactions, making their business operations more efficient and cost-effective, mentioned the company. (Image source: Investor Zone)

One 97 Communications Limited (OCL), which owns the brand Paytm, India’s payments and financial services distribution company and the pioneer of QR and mobile payments, has announced the launch of 'Paytm NFC Card Soundbox.' This device combines NFC technology with mobile QR payments, offering an affordable device for card payments to millions of offline merchants, stated the company.

Paytm's new NFC Card Soundbox empowers small shops with affordable devices for comprehensive payment acceptance, including credit or debit cards and UPI. Customers can simply tap a card or scan a QR code to make payments.

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 innovation helps merchants streamline their day-to-day transactions, making their business operations more efficient and cost-effective, mentioned the company.

Paytm spokesperson said, “We are committed to help 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.”

Supporting notifications in 11 languages—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, further added the company.

First Published on Jul 30, 2024 12:59 PM

More from Storyboard18

Brand Marketing

How RCB built a global cricket brand with Virat Kohli and a pan-India appeal

How RCB built a global cricket brand with Virat Kohli and a pan-India appeal

Brand Marketing

Limca strengthens Coca-Cola’s non-cola portfolio as it crosses Rs 2,800 crore mark

Limca strengthens Coca-Cola’s non-cola portfolio as it crosses Rs 2,800 crore mark

How it Works

WhatsApp moves Allahabad HC against ruling allowing consumer complaints in India

WhatsApp moves Allahabad HC against ruling allowing consumer complaints in India

Brand Marketing

TCS cuts ad and marketing expenses, ramps up GenAI tech to boost brand visiblity

TCS cuts ad and marketing expenses, ramps up GenAI tech to boost brand visiblity

Brand Marketing

Walmart layoffs spark backlash, targeting CTO over H-1B workers

Walmart layoffs spark backlash, targeting CTO over H-1B workers

Brand Marketing

55% creators lost brand deals due to unclear and unverified way for brands to contact them: HashFame

55% creators lost brand deals due to unclear and unverified way for brands to contact them: HashFame

Brand Marketing

Air India launches 'There is an Air about India' campaign to celebrate nation's bold new identity

Air India launches 'There is an Air about India' campaign to celebrate nation's bold new identity

How it Works

60% travellers say social media and OTT now shape their holiday plans: Thomas Cook & SOTC Travel

60% travellers say social media and OTT now shape their holiday plans: Thomas Cook & SOTC Travel