Airtel Payments Bank partners with Hitachi Payment Services to deploy end-to-end Soundbox solution
Airtel Payments Bank announced its partnership with Hitachi Payment Services, a leading end-to-end payments and commerce solutions provider, to accelerate digital payment adoption through the deployment of an end-to-end Soundbox solution across India.
The partnership will accelerate the adoption of
digital payments by expanding merchant acceptance and enable millions of
customers to transact securely and digitally. The Bank aims to empower
merchants across India with a reliable and secure technology platform, while
supporting the complete merchant lifecycle from onboarding and training to
device deployment, payment processing, real-time analytics and settlements. The
Soundbox device launched in partnership with Hitachi Payment Services not only
provides multilingual payment alerts but also acts as a dynamic channel for merchant
promotions, helping businesses communicate offers more effectively.
Ganesh Ananthanarayanan, Chief Operating Officer
of Airtel Payments Bank, said, “We are pleased to partner with Hitachi
Payment Services for the Soundbox solution. Through this collaboration, we aim
to bring greater ease and convenience to both merchants and customers by
simplifying digital payments and offering real-time audio confirmation of the
payment received. The Soundbox will empower small and medium businesses to
accept digital payments seamlessly and securely, while enabling merchants to
operate more efficiently and confidently.”
Anuj Khosla, Chief Executive Officer – Digital
Business, Hitachi Payment Services, added, “We are proud to partner with Airtel
Payments Bank to deliver an end-to-end Soundbox solution. By combining our
expertise in digital payments with the strong merchant network of Airtel
Payments Bank, we are together enabling merchants across urban and rural India
to experience the distinct benefits of innovative digital payment technology.
Our comprehensive offering instils trust, enhances efficiency, and fosters
growth for merchants in an increasingly digital-first world.”
Airtel Payments Bank launched Soundbox earlier in
2024 for its merchant partners. To meet growing demand, the Bank has now
partnered with Hitachi Payment Services for Soundbox deployment, while
continuing to collaborate with its existing partners.
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