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Google Pay Announces Pan-India Roll Out Of SoundPods Amid Rumblings At Paytm

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Google Pay Announces Pan-India Roll Out Of SoundPods Amid Rumblings At Paytm

Google Pay is set to launch SoundPods, an audio device that enables merchants to track QR code payments through audio notifications. The device will compete directly with Paytm's Soundbox. Google Pay has received positive feedback from merchants who participated in the limited pilot of SoundPods. The product will be offered to merchants through a daily subscription plan at INR 5 per day for 25 days a month, or an annual plan for INR 1,499. This move puts Google Pay in line with Paytm, PhonePe, and BharatPe, who have already launched similar devices for merchants. The launch coincides with regulatory troubles for Paytm Payments Bank, which has been barred from conducting deposits or credit transactions until March 15.

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