India, April 4 -- Fintech major Paytm today launched an upgraded version of its soundbox device, which features a built-in digital screen for instant visual payment alerts.

Dubbed the 'Mahakumbh Soundbox', the 4G-enabled device was unveiled by founder and CEO Vijay Shekhar Sharma on the second day of the Startup Mahakumbh event.

In a statement, the fintech company said that the new solar-powered device allows merchants to receive instant payment alerts on a digital screen as opposed to the previous soundboxes that only provided instant audio payment confirmation.

"As pioneers of Soundbox technology, we introduced instant payment confirmations . With our new Made-in-India Display Soundbox, we are taking it a step further .," Sharma said...