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Paytm Launches 2 New Devices

Published on August 02, 2023
Current Context: Paytm, India’s leading digital payments platform, has recently launched two new devices that are designed to empower small shops and merchants who accept payments on the go.
Paytm Launches 2 New Devices
  • These devices are called Paytm Pocket Soundbox and Paytm Music Soundbox, and they are both 4G enabled and offer instant audio payment alerts.
  • Paytm Pocket Soundbox is a portable device that can fit in your pocket and is as small as a debit card. It has a 5-day battery life, a torch, and a loudspeaker that announces the payment amount and confirmation.
  • Paytm Music Soundbox is a unique device that doubles up as a speaker and a payment device. It has a 7-day battery life, a 4W speaker, and a voice overlay feature that allows the merchant to hear payment notifications over the music being played.
  • Both devices are made in India and follow a subscription model. The rent for them ranges from INR 1 to INR 150 per month, depending on the merchant’s transaction volume.
  • Paytm claims that these devices will help small shops and merchants to increase their customer satisfaction and trust.

Question:

Q.1 What is the name of the device that is as small as a debit card and has a torch and a loudspeaker?
a. Paytm Pocket Soundbox
b. Paytm Music Soundbox
c. Paytm Mini Soundbox
d. Paytm Nano Soundbox

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