One 97 Communications Limited — Updates, 04-04-2025: Press Release

Paytm has launched the MahaKumbh Soundbox, a new device aimed at enhancing payment collection for merchants. This Made-in-India product features a digital screen for real-time transaction updates, allowing for better visibility of daily collections. It boasts 4G connectivity, a 10-day battery life, and multilingual support, catering to diverse business needs. This addition follows other recent innovations including the NFC Card Soundbox and the Solar Soundbox, reinforcing Paytm's commitment to providing cutting-edge solutions for merchants.

Furthermore, the device integrates Paytm's pioneering QR technology, enabling efficient payment acceptance via UPI apps and RuPay Credit Cards, significantly reducing transaction errors with clear audio confirmations. This launch aligns with Paytm’s ongoing strategy to enhance digital financial services and strengthen its market position in India’s rapidly evolving fintech landscape. Investors should note this development as a potential opportunity for growth, enhancing Paytm’s value proposition to its merchant partners while driving operational efficiencies.