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Home National Gujarat Ahmedabad

Paytm launches MahaKumbh Soundbox with digital screen for instant payment alerts and live transaction count

by Nav Jeevan
1 month ago
in Ahmedabad, Banking, Breaking News, Business, consumers, Gujarat, Launchpad, National, Personal Finance, Startups
Reading Time: 3 mins read
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Paytm launches MahaKumbh Soundbox with digital screen for instant payment alerts and live transaction count

The MahaKumbh Soundbox represents the power of Indian unification—just as the rare pilgrim festival brings millions together, this device seamlessly integrates multiple features into one, enabling effortless transactions for merchants.-NE photo

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  • Features real-time payment updates on a display screen and a clear overview of daily transactions, helping businesses track collections effortlessly
  • Supports business operations with 4G superfast connectivity, 10-day battery life, and multilingual capabilities
  • Expands the Made-in-India Paytm Soundbox lineup after the recent launches of NFC Card Soundbox for tap-and-pay and Solar Soundbox for sustainable energy solutions

NE BUSINESS BUREAU

AHMMEDABAD, APR 5

Paytm’s founder and CEO Vijay Shekhar Sharma launched an updated version of its soundbox, named Mahakumbh Soundbox, featuring a display screen. The new device will allow merchants to mute the usual voice announcements and make and receive payments without it.

Paytm (One97 Communications Limited), India’s leading payments and financial services distribution company and the pioneer of mobile payments, QR codes, and Soundbox technology, has launched on Saturday the Made-in-India Paytm MahaKumbh Soundbox to empower merchant partners with instant payment alerts on a digital screen and real-time transaction tracking. The latest addition to Paytm’s expanding Soundbox range, this 4G-enabled device helps businesses track payments effortlessly, improve transaction visibility, and enhance operational efficiency.

The MahaKumbh Soundbox represents the power of Indian unification—just as the rare pilgrim festival brings millions together, this device seamlessly integrates multiple features into one, enabling effortless transactions for merchants.

Equipped with diverse capabilities, the new Paytm MahaKumbh Soundbox comes with a built-in digital screen that provides a clear view of payments, including real-time transaction updates, total collections, and device status. Merchants can now see transactions instantly while also receiving audio alerts, ensuring quick verification even during peak hours when multiple payments are being made. It features Paytm pioneered QR code, allowing customers to scan and pay via all UPI apps and RuPay Credit Card payments through UPI. With a powerful 3-watt speaker, the device delivers clear voice confirmations, enabling merchants to instantly verify payments and reduce errors. Supporting 11 languages, it ensures merchants receive updates in their preferred language. Additionally, its long-lasting 10-day battery and durable, splash-resistant, and temperature-resistant design make it a reliable solution for businesses across retail stores, restaurants, and local markets.

Sanjiv Singh ji, Joint Secretary, DPIIT said, “Startup Mahakumbh has been a landmark event celebrating India’s vibrant entrepreneurial spirit, bringing together visionaries, innovators, and policymakers to drive India’s digital and financial inclusion forward. In this spirit of innovation, Paytm continues to lead the way in transforming digital payments for millions of businesses across the country. The launch of the Paytm MahaKumbh Soundbox is another testament to India’s leadership in fintech innovation—empowering merchants with real-time transaction tracking, seamless payment acceptance, and operational efficiency. I commend Vijay Shekhar Sharma and the Paytm team for their relentless commitment to developing cutting-edge, Made-in-India solutions that strengthen our digital economy and support small businesses nationwide.”

Vijay Shekhar Sharma, Founder & CEO – Paytm said, “We are proud to have made mobile payments accessible to everyone. As pioneers of Soundbox technology, we introduced instant payment confirmations, bringing trust and ease to merchants. With our new Made-in-India Display Soundbox, we are taking it a step further to help our merchant partners track transactions effortlessly and manage their business with confidence.”

This launch follows Paytm’s recent green innovation of India’s First Paytm Solar Soundbox, aimed at providing sustainable energy solutions to merchants and businesses. By integrating solar-powered infrastructure, the company continues to drive innovation that enhances efficiency and reduces operational costs for its partners. Additionally, Paytm is enhancing digital transactions with its NFC-enabled payment solutions, allowing merchants to accept tap-and-pay transactions effortlessly. This ensures faster, more secure payments and an improved customer experience.

Paytm innovates based on customer needs, introducing features like UPI statement downloads (PDF & Excel), UPI Trading Blocks for direct stock trade payments without pre-funding, and the ‘Receive Money QR Widget’ for instant payments without opening the app. It also enables users to check UPI-linked bank account balances on the Paytm app and supports UPI, UPI Lite for small payments, RuPay Credit Card linking on Paytm UPI, cards, and net banking for seamless transactions. Expanding globally, it now facilitates UPI payments in the UAE, Singapore, France, Mauritius, Bhutan, Sri Lanka, and Nepal.

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