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Worldline rolls out VABOX in India

Monday 20 March 2023 10:11 CET | News

Payment service provider Worldline has launched VABOX (Voice Alert Box) to facilitate instant payment voice alerts for merchants in India.

 

The compact and robust device is currently being launched by Worldline partner banks Axis Bank, Kotak Mahindra Bank, Punjab National Bank, Union Bank of India, and others. In the initial phase, Worldline India will be rolling out half a million devices that will prompt instant voice alerts for QR-code based payments.

 Worldline unveils VABOX (Voice Alert Box) to facilitate instant payment voice alerts for merchants in India

Augmenting QR payments

Worldline VABOX provides crisp and clear alerts that ensures wider hearing range across the entire store. It supports multiple regional languages that aims at enhancing adoption among larger merchant and customer base alike.

Officials from Worldline said that in their endeavour to enhance merchant experience and aid mass adoption of digital payments among small merchants and retailers, they are happy to launch VABOX with six financial institutions. VABOX is set to cater to the existing QR merchant base of over 250 million as well as its growing numbers in future. VABOX overcomes the challenges of visual impairment and encourages inclusivity among merchants for greater financial inclusion. In the first six months, they plan to roll out half a million devices and partner with more such financial institutions.

The device comes with a ARM cortex R5 500 MHz processor, a 2000 mAh battery, digital display, essential 4G and WiFi communication, an enhanced memory, and can be customised for brands too.

More developments from Worldline

In March 2023, Worldline has launched a payment platform on Solana, a blockchain platform designed for decentralised application and Web3 use cases.

This initiative, supported by the Solana Foundation, will allow all projects building on Solana direct access to Worldline’s Payment Orchestration platform. These projects will be integrated, allowing for providers to route payments automatically while offering the lowest fees and highest conversion.

Solana, a layer one blockchain with 11.5 million active accounts and 21.9+ million minted NFTs, is a fast, secure censorship-resistant blockchain built for scale, as the press release states. It hosts and supports an array of Web3 businesses and Apps, working with platforms such as Meta and Google. Blockchain companies that need access to payment systems will be able to use Worldline Payment Orchestration for direct access to Worldline’s 300+ payment partners and payment methods, removing the need for multiple payment integrations.

For more information about Worldline, please check out the company profile in The Paypers Company Database.


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Keywords: Worldline, QR code, instant payments, product launch, merchant
Categories: Payments & Commerce
Companies: Worldline
Countries: India
This article is part of category

Payments & Commerce

Worldline

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