Google pilots ‘Soundpod by Google Pay’ for UPI payments in India

By Daisy On Jan 18, 2023

New Delhi, Google is actively working on a Soundbox for the India market — similar to the Paytm or PhonePe ones that you see at your neighbourhood shop which gives a sound alert on the digital payment that has been made, media reports said on Tuesday.

The search giant is piloting a soundbox of its own in the country to alert sellers of confirmations for Unified Payments Interface (UPI)-based payments, reports TechCrunch.

The company has branded them as ‘Soundpod by Google Pay’ and is currently distributing it as a pilot with some shopkeepers in north India, including Delhi.

The Soundpods are being built by Amazon-backed ToneTag, the report mentioned.

A Google spokesperson told IANS in a statement that “We are experimenting with several different solutions to make digital payments more convenient and intuitive for users and merchants”.

The ‘Soundpod by Google Pay’ is accompanied by a QR code of a merchant linked with their Google Pay for business account.

Discover the stories of your interest

Users can use any UPI-based app to make a payment by scanning the code.The UPI, ended 2022 on a high note, as the volume of transactions touched a record 7.82 billion in December, amounting to Rs 12.82 trillion, again a record high.

According to data by the National Payments Corporation of India (NPCI), the volume of transactions in December was up 7.12 per cent compared to November.

Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox.

For all the latest Technology News Click Here

Read original article here

Denial of responsibility! TechAI is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.