Highlights Paytm had recently announced that it has achieved over 1.2 billion monthly transactions led by the massive growth in offline payments and financial services. The company has already facilitated payments acceptance via wallets, UPI, cards and net-banking for over 2 crore merchants, thereby helping them grow their business exponentially, he added. Merchants can also use the device to fetch the payment summary for the entire day, and also notifies when it is running out of charge. Digital payments major Paytm on Tuesday launched a new version of its 'Soundbox' along with other solutions that ease acceptance of payments as part of its efforts to equip 50 lakh merchants with IoT (Internet of Things) enabled devices.