Fintech startup Paytm has recently introduced India's first 'Paytm NFC Card Soundbox' which is India’s first of its kind soundbox.

Paytm has announced that the payment device can connect Near Field Communication (NFC) technology with mobile QR payments.

This sound box will serve as card payment machine and receipt announcer, which can be a great solution for accepting digital payments for millions of merchants in our country. It has made a significant improvement in mobile payments, democratizing access to secure NFC card-reading technology for small shops.

The device helps the merchants to receive various range of payment options including credit and debit cards and the Unified Payments Interface (UPI). The company claimed that, the buyers or customers can simply tap their card or scan the QR code to make payments promptly and efficiently.

The company informed that, they 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. This newly innovated device will mark the next chapter in the path of their innovation by receiving immense love and support from the merchants of India.  

The Paytm NFC Card Soundbox is crafted with several key features which can streamline day-to-day operations for merchants. It provides an extended battery life of up to 10 days, reducing the need for frequent charging.

This device comes with prompt audio which confirms about the successful transaction of the payment and ensures clarity by reducing errors. Additionally, the display screen shows transaction amounts, aiding in transparency and record-keeping.

The device can support notification of 11 Indian languages  like Englidh, Hindi, Bengali, Oriya, Gujarati, Marathi, Punjabi, Telugu, Malayalam, Tamil, and Kannada. This feature made this device friendly to a diverse set of population in India.