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    News in brief

    Paytm trials sound-based payments

    News in brief

    Indian mobile payment platform Paytm is trialling a Sound Pay feature that will enable users of its mobile app to make in-store payments via ultrasonic sound waves which transmit data — including payment amount and customer credentials — to the point of sale. “Once the consumer’s app transmits data, the seller’s app checks whether there is enough money in the Paytm wallet before the transaction is completed,” Economic Times reports.

    Filed by Email Rian Boden Published • Last updated 15 January 2016, 14:03

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