Paytm Launches MahaKumbh Soundbox for Payment Alerts

Kolkata, 8th April, 2025: 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 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.

Shri 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.

Paytm Unveils India’s First Solar Soundbox for Merchants

21th February 2025: Paytm (One97 Communications Limited), India’s leading payments and financial services distribution company and pioneer of QR codes, Soundbox, and mobile payments, has announced the launch of its ‘Paytm Solar Soundbox’ for merchants, a first-of-its-kind in India. This innovative 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.

The Made in India Paytm Solar Soundbox is an environmentally friendly solution that uses a low-cost alternative energy source, ensuring that merchants in rural and remote areas as well as places experiencing electricity shortage can be a part of the digital ecosystem. With this, Paytm continues to support merchants, promote financial inclusion, and drive sustainable practices across the country.

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 lightning fast 4G-connected device. A standout feature is its high-quality audio payment confirmation through a powerful 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.

Shri Pankaj Chaudhary, Minister of State for Finance said, “India’s millions of small merchants are at the centre of the growth of the economy. Our government’s initiatives are focussed on empowering small merchants with innovations and enabling ease of business for them. The launch of this affordable Paytm Solar Soundbox is a commendable step towards empowering small businesses, especially those in remote areas. This also reflects the vision of a self-reliant and environmentally conscious 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.

Paytm enables users to link their bank accounts and create UPI IDs to send money to bank accounts, self account, mobile numbers, or scan the company’s pioneering QR codes for seamless peer-to-peer, online and offline payments. With innovative features like UPI Lite for small payments, RuPay Credit Card linking on UPI, and auto-pay service, Paytm is committed to enhancing the payment experience. With ‘Paytm Karo,’ make instant QR payments or send money directly to bank accounts and mobile numbers via UPI – all in one app.