Categories: Business

Google pilots ‘Soundpod by Google Pay’ for UPI payments in India

Soundpod by Google Pay

Google is actively working on a Soundbox for the India market, similar to the Paytm or PhonePe ones that you see at your neighbourhood shop which gives a sound alert on the digital payment that has been made. The search giant is piloting a soundbox of its own in the country to alert sellers of confirmations for Unified Payments Interface (UPI)-based payments. The company has branded them as ‘Soundpod by Google Pay’ and is currently distributing it as a pilot with some shopkeepers in north India, including Delhi. The Soundpods are being built by Amazon-backed ToneTag, the report mentioned.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

The ‘Soundpod by Google Pay’ is accompanied by a QR code of a merchant linked with their Google Pay for business account. Users can use any UPI-based app to make a payment by scanning the code. The UPI, ended 2022 on a high note, as the volume of transactions touched a record 7.82 billion in December, amounting to Rs 12.82 trillion, again a record high. According to data by the National Payments Corporation of India (NPCI), the volume of transactions in December was up 7.12 per cent compared to November.

Important takeaways for all competitive exams:

  • Google Founders: Larry Page, Sergey Brin;
  • Google CEO: Sundar Pichai (2 Oct 2015–);
  • Google Parent organization: Alphabet Inc;
  • Google Founded: 4 September 1998;
  • Google Headquarters: Mountain View, California, United States.

Find More Business News Here

 

 

Sumit Arora

Recent Posts

Richest IAS Officer of India, Know His Name and Net Worth

The Indian Administrative Service (IAS) is one of the most prestigious services in India. IAS…

8 hours ago

Which Indian River is the Lifeline of Two Indian States?

India is home to many important rivers that support life, agriculture, and culture. Major rivers…

11 hours ago

Website Launched for 18th Pravasi Bharatiya Divas in Bhubaneswar

The 18th Pravasi Bharatiya Divas (PBD) Convention will be held from January 8 to January…

13 hours ago

Which Country is Known as the Land of the Morning Calm?

Countries around the world have unique nicknames that reflect their history, culture, or natural beauty.…

14 hours ago

Pinfenon (S) (R) – First Patent for Canine Cardiac Disorder Treatment

Scarecrow Incorporated, located in Tokyo’s Shibuya Ward, has successfully acquired the world’s first patent for…

14 hours ago

Motivational Quotes for Students by Pandit Jawaharlal Nehru

Jawaharlal Nehru, India's first Prime Minister, is known for his deep love for children and…

14 hours ago