Paytm Launches India’s First Solar Soundbox for Merchants, a Green Innovation that Harnesses Sustainable Energy for Full-Day Power

byDilip PrasadLast Updated: February 20, 2025
Paytm Launches India’s First Solar Soundbox

We have announced the launch of ‘Paytm Solar Soundbox’ for merchants, a first-of-its-kind in India. This innovative device requires minimal sunlight for a quick charge that provides full-day power, enabling uninterrupted payments and reliable, consistent service for India’s small shop owners and merchants.

The Made in India Paytm Solar Soundbox is an environmentally friendly solution that uses a low-cost alternative energy source, ensuring that merchants in rural and remote areas as well as places experiencing electricity shortage can be a part of the digital ecosystem. With this, we continue to support merchants, promote financial inclusion, and drive sustainable practices across the country.

This affordable device is equipped with a solar panel on top, allowing it to auto-charge under sunlight. It features two batteries—one that charges with solar energy and another that charges with electricity. Even if completely discharged, the solar battery can provide a full day of power after just 2-3 hours of sun exposure, while the electricity-powered battery can last up to 10 days without recharging. This minimizes the need for frequent charging and supports green energy. It features the Paytm QR code that customers can scan to make UPI and Rupay Credit Card payments via UPI. 

Designed specifically for India’s small merchants, including hawkers, cart vendors, artisans, craft sellers, flower sellers, and many other street vendors, the Paytm Solar Soundbox is a lightning fast 4G-connected device. A standout feature is its high-quality audio payment confirmation through a powerful 3-watt speaker, ensuring that merchants can hear payment notifications clearly even in noisy environments. The device supports audio notifications in 11 languages, catering to a diverse range of merchants and customers across India.

“We are committed to empowering India’s small merchants with technology that makes mobile payments seamless and accessible. The Paytm Solar Soundbox is a testament to our commitment to innovation, sustainability, and financial inclusion. With this Made in India device, we continue to pioneer transformative solutions that shape the future of payments in the country,” Said Vijay Shekhar Sharma, Founder & CEO

“India’s millions of small merchants are at the centre of the growth of the economy. Our government’s initiatives are focussed on empowering small merchants with innovations and enabling ease of business for them. The launch of this affordable Paytm Solar Soundbox is a commendable step towards empowering small businesses, especially those in remote areas. This also reflects the vision of a self-reliant and environmentally conscious India,” Said Shri Pankaj Chaudhary, Minister of State for Finance

We have recently expanded our innovative payment solutions with the launch of India’s first next-generation device, the Paytm NFC Card Soundbox. This device combines NFC technology with mobile QR payments, offering an affordable and versatile solution for card payments to millions of offline merchants. By incorporating cutting-edge technology, we continue to support merchants across the country, enhancing their payment capabilities and driving financial inclusion.

Paytm enables users to link their bank accounts and create UPI IDs to send money to bank accounts, self account, mobile numbers, or scan our pioneering QR codes for seamless peer-to-peer, online and offline payments. With innovative features like UPI Lite for small payments, RuPay Credit Card linking on UPI, and auto-pay service, we are committed to enhancing the payment experience. With ‘Paytm Karo,’ make instant QR payments or send money directly to bank accounts and mobile numbers via UPI – all in one app.

Related News

RBI Sets Ambitious Goals for UPI and CBDC Rollout

The Reserve Bank of India (RBI) targets a significant increase in daily UPI transactions, aiming to reach 1 billion from the current 500 million. In a recent address at the Annual International Banking Seminar, Governor Shaktikanta Das underscored UPI's efficiency and its expansion into seven countries, including Sri Lanka, UAE, and Singapore. Meanwhile, the RBI is proceeding carefully with the Central Bank Digital Currency (CBDC), emphasizing thorough testing for security and reliability. The pilot phase for the wholesale CBDC launched in November 2022, followed by retail trials in December, aiming to streamline international payments by reducing intermediary involvement.
News Post: October 28, 2024

PM Modi Urges BRICS to Embrace UPI as Maldives and UAE Join the System

Prime Minister Narendra Modi has called for BRICS nations to adopt India's Unified Payments Interface (UPI) to enhance financial integration. With the UAE already onboard and Mauritius expressing interest, this move aims to expand UPI’s global reach. Additionally, the Maldives plans to implement UPI following India's support in strengthening its digital infrastructure. In India, digital payments are steadily rising, accounting for nearly half of all transactions as cash usage declines, per an RBI study.
News Post: October 25, 2024

President Muizzu Introduces UPI to Boost Maldives Economy

President Muizzu has taken steps to introduce India’s UPI payment system in the Maldives, aiming to improve the nation's economy through better financial inclusion and efficiency. A consortium led by TradeNet Maldives Corporation Limited will manage the rollout, supported by a government coordination team. This move, coming after a recent agreement with India, is expected to enhance the Maldives' digital infrastructure and marks a shift in Muizzu’s approach to foreign relations.
News Post: October 22, 2024

RBI Increases UPI Lite Limits to ₹1,000 & Wallet to ₹5,000

The Reserve Bank of India (RBI) has made digital payments easier by increasing UPI Lite transaction limits. The per-transaction limit for UPI Lite has been raised from ₹500 to ₹1,000, and the overall wallet limit has increased from ₹2,000 to ₹5,000. These changes aim to simplify small-value transactions and make digital payments more accessible and convenient for users across India, especially on platforms like Paytm.
News Post: October 9, 2024

UPI Transaction Limit Increased To Rs 5 Lakh

NPCI has raised the UPI transaction limit to ₹5 lakh for sectors like tax payments, healthcare, education, and financial investments, effective September 16, 2024. This change enables high-value transactions through UPI, promoting digital payments across broader financial activities. However, the limit for peer-to-peer transfers remains at ₹1 lakh. Users should check with their banks to confirm the availability of the new limit.
News Post: September 17, 2024

NPCI’s Auto Top-Up for UPI Lite from October 31

Starting October 31, 2024, UPI Lite users will benefit from an auto top-up feature, automatically reloading their balance for small-value, PIN-less transactions under ₹500. The balance will have a limit of ₹2,000, with up to five auto top-ups allowed per day. Users can cancel the auto top-up anytime, while banks and UPI apps will provide the necessary support to manage the feature. The National Payments Corporation of India (NPCI) announced this update in a circular on August 27, aiming to make small payments more seamless and reduce the strain on core banking systems. Source: NPCI
News Post: September 13, 2024

RBI’s New ULI Will Speed Up Loan Approvals and Reduce Paperwork

RBI Governor Shaktikanta Das has announced the Unified Lending Interface (ULI), a new platform to make loan approvals easier and faster. ULI will let lenders quickly access important information, like land records, reducing paperwork. It's especially helpful for small businesses and rural borrowers. ULI is part of India's push for digital banking, along with JAM and UPI, and will be rolled out nationwide after a successful pilot. Das also talked about improving cross-border payments and using AI carefully in banking to ensure data is accurate and private.
News Post: September 4, 2024

RBI Launches UPI Cash Deposits at ATMs, No Debit Card Needed

The Reserve Bank of India (RBI) has rolled out the UPI Interoperable Cash Deposit (UPI-ICD) service, allowing customers to deposit cash at ATMs using UPI without the need for a physical debit card. Launched at the Global Fintech Fest 2024, this new feature supports deposits into any bank account via UPI at ATMs equipped with cash recycler technology. The initiative is a part of the RBI's ongoing efforts to expand UPI's reach and promote digital payments across India.
News Post: September 2, 2024

How UPI Circle Lets Multiple Users Share One UPI ID

UPI Circle by NPCI enables multiple users, such as family members, to share a single UPI ID, allowing for secure, delegated transactions. The primary user manages access,setting transaction limits of up to ₹15,000 per month and ₹5,000 per transaction for secondary users. Also, it enforces security through mandatory biometrics or app passwords. This feature is particularly useful for enabling digital payments for those without bank accounts, such as children or elders, while reducing cash dependency and maintaining control over the shared account. It also increases UPI adoption by providing a safe and convenient payment option for all. Read more about UPI Circle and how does it workupi
News Post: August 23, 2024

RBI Hikes UPI Tax Payment Limit to Rs 5 Lakh

UPI Limit for Tax Payments Increased from Rs 1 Lakh to Rs 5 Lakh

The Reserve Bank of India (RBI) has increased the UPI limit for tax payments from Rs 1 lakh to Rs 5 lakh. This means you can now pay larger tax amounts quickly and easily using UPI.

Effective immediately, taxpayers can transfer up to Rs 5 lakh in a single UPI transaction for paying taxes. This move aims to simplify the tax payment process and encourage digital payments. Additionally, the RBI has introduced 'delegated payments' through UPI, allowing users to authorize another person to make UPI payments from their account.

These measures are expected to make tax payments more convenient and boost digital payment adoption across India.

News Post: August 8, 2024

You May Also Like