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Reliance tests sound box payment system amid financial services push

India's Paytm introduced the innovative sound box, a pocket-sized speaker designed to instantly validate and announce successful payments to merchants. It has deployed million of these devices to the market, offering them to merchants at just above $1 monthly. Reliance has been testing a sound box with employees at some of its stores in its campus in recent weeks, according to a person familiar with the matter.
Morgan Stanley Jio Financial Services Sound Box Digital Transactions Jio Pay Mukesh Ambani
Source: yahoo.com

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You can now withdraw cash from ATM without a card; here's how

(Representational image) NCR Corporation, a firm that is responsible for making automated teller machines aka ATMs, has launched a UPI-enabled interoperable cardless cash withdrawing system in India. The company in partnership with the National Payments Corporation of India (NPCI) and City Union Bank has launched this facility. Also Read - Top 5 UPI apps you can use to transfer money in India: GPay, Paytm, more This technology will enable users to withdraw money from an ATM without the need for...
Ncr Corporation City Union Bank City Union Atms National Payments Corporation Of India National Payments Corporation Jio Pay
Source: bgr.in

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