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Banks see opportunity in Paytm implosion, look to corner QR code, sound box business

According to sources, Paytm Payments Bank’s fall is helping rivals in the Fastag space as well, where Airtel Payments Bank is expecting to add a million customers in the next four months.

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.

As India transitions to cashless society QR codes, sound boxes mushroom all over

Although relatively new to the game, India has significantly expanded its fintech landscape since 2016. Today, South China Morning Post said government data shows nearly 40 per cent of all payments in the once cash-only economy are digital.

Süße Ausbeute für Kleingeld: Freilichtmuseum Lindlar sucht alte Kaugummiautomaten

In dieser Woche hat das LVR-Freilichtmuseum einen Aufruf gestartet, mit dem die Historiker nach einem Altertümchen fahnden, das Generationen von bergischen Kindern fasziniert und manchmal auch frustriert hat. Je älter der Automat, desto besser.

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