One97 Communications Limited (OCL) that owns the brand Paytm,on announced the launch of Card Soundbox.The company in a statement said that it empowers merchants to accept both mobile and card payments across all Visa, Mastercard, American Express and RuPay networks through its iconic Soundbox with ‘tap and pay’ that will help merchants scale their business. 

• With Paytm Card Soundbox, the company solves two problems for merchants — accepting card payments along with getting instant audio alerts for all payments.
• The launch of Paytm’s unique device will transform in-store payments by expanding payment acceptance for merchants by combining Soundbox with NFC or contactless debit and credit card payments with mobile payments.
• An industry-first solution, the new Soundbox provides both audio and visual payment confirmation through a LCD display to the merchant and the customer.