In a significant development for the Indian digital payments industry, Paytm, India’s leading digital payments and financial services company, has launched India’s first NFC (Near Field Communication) Card Soundbox. This innovative device combines the convenience of mobile QR payments with the security and ease of NFC card payments, marking a significant step forward in the evolution of digital payments in India.
The Paytm NFC Card Soundbox is a two-in-one mobile QR payment device that allows merchants to accept payments from any UPI app and NFC-based debit and credit cards through a single device. This makes it the ultimate offering for offline merchants across the country, according to a Paytm spokesperson.
The device features a long-lasting battery life of up to 10 days, ensuring uninterrupted service for merchants. It also supports notifications in 11 languages—English, Hindi, Gujarati, Bangla, Odia, Marathi, Punjabi, Telugu, Malayalam, Tamil, and Kannada—making it accessible to a diverse range of merchants across the country.
The NFC Card Soundbox represents a new chapter in Paytm’s Soundbox innovation, enabling seamless payments from any UPI app and NFC-based cards. It must be noted that Paytm pioneered the Soundbox, an innovative first-of-its-kind product, which has gained widespread popularity among offline stores.
The launch of the Paytm NFC Card Soundbox is a significant step forward in Paytm’s mission to bring digital payments to every corner of India. The company has been at the forefront of India’s digital payments revolution, and this latest innovation further cements its position as a leader in the industry.
With the launch of the Paytm NFC Card Soundbox, Paytm continues to demonstrate its commitment to providing innovative solutions that meet the evolving needs of merchants and consumers in India. As the digital payments landscape continues to evolve, Paytm remains at the forefront of innovation, driving the adoption of digital payments across the country.