One 97 Communications Limited — Updates, 03-03-2025: Press Release

Paytm has partnered with RBL Bank to enhance digital payment solutions for the bank's merchant partners by providing its innovative Soundbox and card machines. This collaboration aims to simplify payment processes for merchants, enabling real-time transaction tracking via the Paytm for Business dashboard. Merchants will benefit from a range of payment options, including UPI, RuPay credit card on UPI, UPI Lite, debit and credit cards, as well as EMI facilities from major banks.

The partnership signifies a push towards improving operational efficiency and transparency in transactions, supporting small businesses in their digital payment adoption journey. The Soundbox, known for its instant audio confirmations, will also include features for international tourists, facilitating cashless payments. This strategic move is aligned with Paytm’s vision to extend its market reach and empower merchants with reliable payment technologies, setting a positive outlook for its role in the expansion of the digital business landscape.