NPCI To Roll Out Unified Soundbox Infrastructure For Merchants: Report

by · Inc42

SUMMARY

  • The infrastructure would allow merchants to receive payment confirmations through a single soundbox, regardless of the QR code used by customers for the transaction
  • A merchant currently needs separate devices for different providers like Paytm, PhonePe, Google Pay, among others
  • Paytm highlighted that its subscription merchant base grew to 1.5 Cr in the last quarter of FY26, aided by device-led expansion, including soundbox deployment