Paytm launches NFC card soundbox with integrated card payment system

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Paytm launches NFC card soundbox with integrated card payment system - Business Standard

Quick Summary:

This will allow small shops to accept a range of payments, including credit and debit cards as well as Unified Payments Interface (UPI).

In the first quarter of the ongoing financial year, the payments firms reported that its consolidated loss had widened to Rs 840.1 crore from Rs 358.4 crore loss reported in the same period last year.

The Paytm NFC card soundbox incorporates NFC card payment technology.