Paytm unveils ‘card soundbox’ to empower merchants

Paytm unveils ‘card soundbox’ to empower merchants

  • Fintech firm Paytm has unveiled ‘Card Soundbox’, an innovative device that will enable merchants to accept both mobile and card payments across networks.
  • The Paytm Card Soundbox is India’s first Soundbox that will also accept contactless card payments.
  • The device is equipped with a built-in ‘tap and pay’ functionality, which will allow merchants to accept card payments of up to ₹5,000.
  • Soundbox is a device that provides instant audio alerts on amounts paid to merchants through an inbuilt speaker.

Points to Remember:

  1. Which company has launched a Card Soundbox that will also accept contactless card payments?
  2. The Paytm Card Soundbox will allow merchants to accept card payments of up to _________

Source: The Hindu

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