Paytm, India’s leading digital payments company, has launched the Made-in-India MahaKumbh Soundbox to help merchants track payments more easily. This 4G-enabled device provides instant payment alerts on a digital screen, allowing businesses to see their transactions in real-time. It also improves operational efficiency by giving merchants a clear overview of daily collections.
The MahaKumbh Soundbox is designed to streamline digital transactions just like the Kumbh Mela, which brings millions of people together. It integrates multiple features into a single device, making payments easier and more convenient for businesses.
With a digital display, merchants can see transaction updates, total collections, and device status instantly. The built-in QR code supports all UPI payments and RuPay Credit Cards, ensuring seamless transactions. It also features a powerful speaker for clear voice alerts, helping merchants quickly verify payments even during busy hours.
This launch follows Paytm’s recent introduction of the Solar Soundbox, which uses solar energy to power digital transactions. The company also offers NFC-enabled Soundbox for tap-and-pay payments, making transactions even faster and more secure.
Paytm continues to introduce features based on customer needs, including:
Paytm is also expanding its services internationally, enabling UPI payments in the UAE, Singapore, France, Mauritius, Bhutan, Sri Lanka, and Nepal.
Paytm is a pioneer in India’s mobile payments and financial services industry. It has revolutionised QR-based payments and continues to develop technologies that help small businesses grow. Paytm’s mission is to bring half a billion Indians into the digital economy with innovative financial solutions.
On April 4, Paytm share price traded at ₹809.50, down 3.22%. The stock opened at ₹832.20, reached a high of ₹843.00, and fell to a low of ₹805.00. Paytm has a market capitalisation of ₹51,680 crore. The stock’s 52-week high is ₹1,062.95, while its 52-week low stands at ₹310.00.
With the MahaKumbh Soundbox, Paytm strengthens its position in digital payments, offering businesses an innovative tool for seamless, efficient, and secure transactions.
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Published on: Apr 4, 2025, 2:41 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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