Paytm brings a new payment system - from tapping the card to scanning the QR code, you will get these facilities, NFC Card Soundbox launched.

Paytm has launched a new NFC Card Soundbox. The company claims that with this, shopkeepers will be able to receive more payments at the lowest cost.

Paytm has launched a new NFC Card Soundbox. There will be no need to charge this sound box. Also, there will be no need to put a paper roll in it. Paytm's Managing Director Vijay Shekhar says that this increases the cost of a merchant. Therefore, we have come up with a system in which card payment will be done through a QR Code and the sound box will also be in it.

New Soundbox launched

Vijay Shekhar further said that there is only one purpose for launching this sound box. Shopkeepers can receive more payments at the lowest cost. Therefore, Paytm has launched a new Soundbox today.

Merchant's expenses will be saved.

Let us tell you, Paytm's managing director says that shopkeepers have to charge EDC. Also, they have to keep paper rolls. Due to this, their expenses increase, and time is also wasted. There is also the cost of machine rental.

Will give payment notifications in regional languages

Vijay Shekhar further said that all card networks work on Soundbox. Payment is done on the Paytm soundbox by tapping the card on the QR code - this is new in the payment system. Not only this...Soundbox will also give payment notifications in the regional language.

New technology used

Paytm has used near-field communication technology in this new soundbox. Vijay Shekhar has claimed that this is new in the market. The rent of this machine will be the same as that of the soundbox - merchants will get UPI and card payments from the same machine. Apart from this, Paytm is launching customized QR codes for merchants.