in rural bengaluru russia and uses his phone to pay the shopkeeperfor his uses his phone to pay the shopkeeper for his grocery. a cheaper device without internet connection. he uses the technology that relies on soundwaves to make off—line proximity based payments to the grosser point save machine. a little like bluetooth. developed by local start—up, such technology could become critical in taking india�*s payment revolution to the bottom half of the country that still can�*t afford smart phones. still can't afford smart phones-— still can't afford smart hones. ., , , ., phones. for consumers who don't have phones _ phones. for consumers who don't have phones or — phones. for consumers who don't have phones or are _ phones. for consumers who don't have phones or are illiterate - have phones or are illiterate if they have to do the same transfer and go to the nearest bank branch they have to spend hours going there and coming back. we want to make sure to