Question
Which payment company has unveiled the Card Soundbox, a
device that allows merchants to accept both mobile and card payments, including Visa, Mastercard, American Express, and RuPay, through its Soundbox &Â will assist merchants in scaling their businesses by offering a "tap and pay" solution via credit and debit cards?Solution
Paytm has unveiled the Paytm Card Soundbox, a device that allows merchants to accept both mobile and card payments, including Visa, Mastercard, American Express, and RuPay, through its Soundbox. This new product will assist merchants in scaling their businesses by offering a "tap and pay" solution via credit and debit cards. The Card Soundbox addresses two critical issues for merchants: accepting card payments and receiving instant audio alerts for all transactions. This device combines the efficacy of a POS unit, UPI QR code card, and even a soundbox confirming the transaction. The combination of Soundbox technology with Near Field Technology (NFC) or contactless debit and credit card payments aims to be the single-point payment method.       Key Features: o  Built-in "tap and pay" functionality for card payments up to ₹5,000. o  Powered by 4G network connectivity for fast payment alerts. o  Features a 4W speaker for clear payment alerts. o  Long battery life of up to five days. o  Offers alerts in 11 languages, customizable by the merchant through the Paytm for Business app. o  NFC-enabled smartphone users can make payments using the tap feature.
With reference to the wholesale price index (WPI), consider the following statements:
1. WPI is an important index necessary for calculating in...
E-Samadhan Portal will be regulated and monitored by _______.
What was the total number of contributors to the LHC experiments honored with the Breakthrough Prize 2025?
What is the notified amount for the RBI's 3-day Variable Rate Repo (VRR) auction scheduled for June 18, 2024?
What unique feature does the UMEED portal assign to each registered Waqf property?
When is the Indian Navy scheduled to commission the ASW-SWC Arnala ship?
What was the private sector’s share in India’s total defence production for FY 2024–25?
In December 2021, _________ became the first European country to allow limited cultivation and possession of cannabis for personal use.
Which country's creative economy was showcased at the Annecy International Animation Festival in France?
According to the annual compendium released by the Centre for Science and Environment (CSE), which state was ranked highest in terms of overall environm...
