ToneTag, a sound based proximity payment technology provider
launches an Audio Pod for all the merchants across. ToneTag Audio Pod is as
simple as just tapping a phone on a Pod to complete a transaction. On tapping
the phone on the ToneTag Audio Pod, the pod emits a sound wave carrying data
that is received by the mobile phone. On confirmation of the same, the payment
is complete.
From the invention of wheels and flint stone tools to
Nano-technology and artificial intelligence, man has always produced technologies
and machines that make his life easier. In today’s world, technology is
everywhere! Everything we do involves technology. It is completely integrated
into our lives and the two have become inseparable. Even the way we make
payments has evolved significantly. Today, we have different types of payment
technologies available, including cards, mobile payment options such as NFC, QR
codes, RFID chips, e-wallets, applications and many more.
But what about a device that can be placed anywhere and can enable
payments via sound without any dependency on Wi-fi or internet? Sounds
intriguing, right? That is because we do not associate sound with payments, but
with more traditional things such as music. But why should the beneficial
nature of sound be curtailed or confined to producing just music? Why can’t one
utilize sound based technology to make payments? Well, with ToneTag Audio Pod,
you can!
“ToneTag Audio Pod is a device that can be used by any merchant
irrespective of their scale of operations or nature of the business. This
device can be that trigger which enables mass acceptance of digital mode of
payments amongst merchants. In our push towards a digital economy, a device
like the ToneTag Audio Pod can bring in both the merchant and the consumer
segment to accelerate the digital drive.” added Kumar Abhishek,
Co-Founder and CEO, ToneTag.
ToneTag Audio Pod is a one stop solution for everything in
payments.
· Enables quick and faster checkout at stores,
with transactions being completed under 3 seconds and thereby acting as a queue
buster
· Any issuer, merchant or acquirer can use the
ToneTag Audio Pod to receive payments
· Payment acceptance from any e-wallet or
banking application
· Payment experience is better when compared to
prevalent methods
· No congestion and rush at stores, giving
merchants and customers a pleasant retail experience
· Works in offline conditions. No data connection
required
· Robust build quality, combined with state of
the art design features
· Space efficient and user-friendly
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