New Delhi, July 30: Paytm parent company, One 97 Communications Limited (OCL), has launched India's first NFC card soundbox. The device combines the NFC card payment technology with mobile QR payments, which makes it a versatile tool for offline merchants. The Paytm NFC card soundbox is a device that enables businesses to accept payments from any UPI app and also from debit and credit cards through NFC technology. It is expected to provide an efficient way for businesses to accept payments and making transactions easier for their customers.
Paytm has introduced the NFC card soundbox, which is expected to streamline the payment process in India. The device will enable customers to make payments by tapping a credit or debit card or scanning a QR code. It means that merchants can handle all types of transactions, including UPI and card payments. The launch of the device can be seen as a step towards to enhance the payment infrastructure in India for offline merchants with modern payment methods. OPPO K12x 5G Launched in India With Military Grade MIL-STD 810H Certification; Check Price, Specifications and Features of New OPPO Smartphone.
Paytm Introduces India’s First NFC Card Soundbox
Introducing India’s first Paytm NFC Card Soundbox 🚀, a two-in-one mobile QR payment device that also serves as an affordable card payments machine for millions of offline merchants. Customers can simply tap a debit or credit card or scan a QR to make payments
Marks the next… pic.twitter.com/RwRN5Ydme6
— Paytm (@Paytm) July 30, 2024
What is NFC?
NFC, which stands for Near Field Communication, is a technology that enables wireless data transfer between devices that are in close proximity to each other. It is used for contactless payments and exchanging data. The Paytm NFC card soundbox utilises the technology to make card payments easier. Motorola Confirms Launch of Its New MIL-810H Certified Military Grade Smartphone on August 1; Check Confirmed Specifications and Features.
Paytm NFC Card Soundbox Features
The Paytm NFC card soundbox comes with several features. As per reports, the device includes instant audio confirmation and has a display screen for transaction amounts. Additionally, the soundbox supports notifications in 11 languages, which include English, Hindi, Marathi, Punjabi, Gujarati, Odia, Bangla, Telugu, Tamil, Malayalam and Kannada. The multilingual feature will likely help merchants from different regions in India to use the device comfortably. The device is also said to deliver a battery life of up to 10 days.
(The above story first appeared on LatestLY on Jul 30, 2024 01:50 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).