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Both the new Paytm Soundboxes are equipped with 4G network connectivity. (Image source: Vijay Shekhar Sharma on X)

Both the new Paytm Soundboxes are equipped with 4G network connectivity. (Image source: Vijay Shekhar Sharma on X)

Paytm launches new and improved Made-in-India Soundbox for UPI and Credit Card on UPI payments

April 22, 2024
in Fintech
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One 97 Communications Limited (OCL) which owns the brand Paytm, on Monday launched two new and improved Paytm Soundboxes. These Made-in-India devices will enhance merchant’s experience by enabling them to manage daily sales and customer interactions efficiently. 

Both the new Paytm Soundboxes are equipped with 4G network connectivity, ensuring reliable and fast network and notifications. It features instant audio confirmation and includes a powerful speaker that delivers clear audio, making it easy to hear even in busy environments. 

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With a long-lasting battery life of up to ten days, merchants can rely on it throughout the week without frequent charging. Paytm  Soundbox supports notifications in 11 languages including English, Hindi, Gujarati, Bangla, Odia, Marathi, Punjabi, Telugu, Malayalam, Tamil, and Kannada, meeting the needs of India’s diverse merchant population.

Paytm Soundbox also brings the power of Rupay Credit Card on UPI, offering zero MDR to small merchants for transactions under Rs. 2000. This service allows small businesses to save on transaction fees, expanding their profitability and making it easier to adopt digital payments, the company informed. 

Paytm, through its lending partners, offers loans of up to Rs. 10 lakhs to merchants, facilitating their growth and expansion. This financial assistance is tailored to help scale operations, invest in inventory, or upgrade facilities. Additionally, the Paytm Soundbox accepts payments from all UPI apps, ensuring that merchants can serve customers throughout India.

Tags: FintechOne 97 Communications LtdpaytmPaytm SoundboxUPI

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