Now, a Solar Soundbox From PayTm

Leading payments and financial distribution firm Paytm has launched what it terms India’s First Solar Soundbox for Merchants, a Green Innovation that Harnesses Sustainable Energy for Full-Day Power. The PayTm app enables users to link their bank accounts and create UPI handles for seamless payments.

Paytm has been a pioneer of QR codes, Soundbox, and mobile payments, with its SoundBox innovation seen as a breakthrough innovation in reducing friction for use of UPI payments by merchants. The device basically announces each payment that has been made for the merchant to hear, reducing time taken to verify receipts. The latest iteration of the device requires minimal sunlight for a quick charge that provides full-day power, enabling uninterrupted payments and reliable, consistent service for India’s small shop owners and merchants.

This should support merchants in rural and remote areas as well as places experiencing electricity shortage to be a part of the digital ecosystem.

This affordable device is equipped with a solar panel on top, allowing it to auto-charge under sunlight. It features two batteries—one that charges with solar energy and another that charges with electricity. Even if completely discharged, the solar battery can provide a full day of power after just 2-3 hours of sun exposure, while the electricity-powered battery can last up to 10 days without recharging. This minimizes the need for frequent charging and supports green energy. It features the Paytm QR code that customers can scan to make UPI and Rupay Credit Card payments via UPI.

Designed specifically for India’s small merchants, including hawkers, cart vendors, artisans, craft sellers, flower sellers, and many other street vendors, the Paytm Solar Soundbox is a fast 4G-connected device. A standout feature is its high-quality audio payment confirmation through a 3-watt speaker, ensuring that merchants can hear payment notifications clearly even in noisy environments. The device supports audio notifications in 11 languages, catering to a diverse range of merchants and customers across India.

Vijay Shekhar Sharma, Founder & CEO – Paytm said, “We are committed to empowering India’s small merchants with technology that makes mobile payments seamless and accessible. The Paytm Solar Soundbox is a testament to our commitment to innovation, sustainability, and financial inclusion. With this Made in India device, we continue to pioneer transformative solutions that shape the future of payments in the country.”

The company recently expanded its innovative payment solutions with the launch of India’s first next-generation device, the Paytm NFC Card Soundbox. This device combines NFC technology with mobile QR payments, offering an affordable and versatile solution for card payments to millions of offline merchants. By incorporating cutting-edge technology, Paytm continues to support merchants across the country, enhancing their payment capabilities and driving financial inclusion.