Paytm unveils game-changing “Card Soundbox” for seamless payments

One97 Communications Limited (OCL), the powerhouse behind India‘s leading payments and financial services brand Paytm, has just rolled out its latest invention—Paytm Card Soundbox. This innovation empowers merchants across India to accept mobile and card payments across major networks including Visa, Mastercard, American Express, and RuPay. With its revolutionary ‘tap and pay’ feature, Paytm Card Soundbox is set to scale businesses to new heights.

Paytm Continues to Lead In-Store Payments

Paytm has long been the pioneer in QR and mobile payments in India. The company was the first to introduce audio-based confirmations with the original Paytm Soundbox, thereby transforming in-store payments across the nation. Now, Paytm is doubling down on technology-led solutions, continuously maintaining its market leadership in in-store payments with devices like Paytm Soundbox, Paytm Pocket Soundbox, Paytm Music Soundbox, and the newly launched Paytm Card Soundbox.

Solving Real Problems for Merchants

The brand new Paytm Card Soundbox addresses two critical issues for merchants—accepting diverse payment methods and providing instant audio alerts for transactions. This is a unique device that is revolutionizing in-store payments by combining NFC or contactless card payments with mobile payments. What makes Paytm Card Soundbox an industry-first solution is its capability to offer both audio and visual payment confirmation through an LCD display, catering to both the merchant and the customer.

Unbeatable Features of Paytm Card Soundbox

The Made-in-India Paytm Card Soundbox is fortified with several standout features. The device supports ‘tap and pay’ functionality for card payments up to ₹5,000 and is backed by 4G network connectivity for the fastest payment alerts. It offers a battery life of five days and comes with a 4W speaker for clearer payment alerts. Designed with the diverse Indian merchant base in mind, Paytm Card Soundbox supports alerts in 11 different languages, customizable through the Paytm for Business app.

What the Experts are Saying

Vijay Shekhar Sharma, Founder & CEO of Paytm, said, “Paytm has always been at the forefront of solving payments and financial services issues for India’s small businesses. Paytm Card Soundbox takes it to the next level, merging mobile payments and card payments.” Gautam Aggarwal, Division President, South Asia, Mastercard, praised the new device as another innovation that will enable small merchants to offer a seamless digital payment experience to their customers by easily accepting contactless card payments.

In conclusion, Paytm Card Soundbox is more than just a payment device; it’s a complete solution aiming to transform how India pays. With this latest launch, Paytm continues to set industry standards, underscoring its commitment to drive convenience and financial inclusion for merchants across India.