Google Pay SoundPod: Here is everything about Paytm Soundbox alternative
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After introducing it in a limited pilot, Google is ready to roll out the SoundPod to merchants across India in coming months. Powered by Google Pay platform, SoundPod is an audio device that helps merchants track QR code payments with audio alerts when a payment is received. Google Pay in a press note stated that it has received positive feedback from participating merchants and thus has decided to make the product available widely.
Other fintech platforms such as Paytm and PhonePe have similar devices for merchants. Paytm was the first company to launch audio-based confirmations with Paytm Soundbox in 2019.
In related news, Google has decided to simplify payments on its platform in the US by discontinuing the Google Pay app in the region with most features moving over to the Google Wallet app. The US-related announcement, however, will have no bearing on how Google Pay functions for users and merchants in India, said Ambarish Kenghe, Vice President-Product at Google Pay. “To be able to play a role in India’s digital payments story is a matter of deep pride for us, providing invaluable lessons on how digital transformation happens in tech-forward societies, and we continue to stay deeply invested in this journey for the long term,” he added.
Last month, Google Pay collaborated with NPCI International Payments Limited (NIPL) to make UPI payments possible from outside India and to facilitate the adoption of UPI-like frameworks in countries beyond India.
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Former US President Barack Obama and his wife Michelle Obama have endorsed Vice President Kamala Harris for the post of US president. The video, which featured a private phone conversation between the couple and the vice president, lasted around one minute.
“Earlier this week, Michelle and I called our friend @KamalaHarris. We told her we think she’ll make a fantastic President of the United States, and that she has our full support. At this critical moment for our country, we’re going to do everything we can to make sure she wins in November. We hope you’ll join us,” Obama posted on X with a video capturing a phone call between the couple and the current vice president.
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Realty major DLF plans to launch nearly 37 million square feet area for sale in the medium term across various cities with revenue potential of Rs 1.04 lakh crore as part of its strategy to encash strong demand for luxury homes.
In its latest investor presentation for the April-June quarter, DLF informed about the "planned launches of Rs 1+ lakh crore (36 million square feet) of new products over the medium term".
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ITC will invest Rs 20,000 crore in the medium term as it has “unwavering confidence” in India’s economic growth, said Sanjiv Puri, chairman and managing director of the consumer goods maker, on Friday.
Puri told shareholders at the company’s annual general meeting ITC was committed to partner the country in becoming the world’s third largest economy by building a “future tech, climate positive, innovative and inclusive national enterprise of pride”.
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India's Paytm has got approval from the government for its Rs 50 crore ($5.97 million) investment in a key subsidiary, a top finance ministry official told Reuters on Friday.
The approval, which was stuck for months due to the company's link to China, will remove the main stumbling block to the unit, Paytm Payment Services, resuming normal business operations.
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IPO-bound Ola Electric has suspended its electric car launch plans as the Softbank-backed company wants to focus on its e-scooter business, two people with direct knowledge of the decision said.
Ola's founder Bhavish Aggarwal laid out plans in 2022 to launch an electric sports car with an all-glass roof in two years that could reach 100 km per hour within four seconds.
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