One97 Communications trades higher on launching Card Soundbox
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One97 Communications is currently trading at Rs. 869.30, up by 12.50 points or 1.46% from its previous closing of Rs. 856.80 on the BSE.
The scrip opened at Rs. 863.05 and has touched a high and low of Rs. 874.70 and Rs. 863.05 respectively. So far 109674 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 939.00 on 25-Aug-2023 and a 52 week low of Rs. 439.60 on 24-Nov-2022.
Last one week high and low of the scrip stood at Rs. 874.70 and Rs. 849.85 respectively. The current market cap of the company is Rs. 55182.79 crore.
The Institutions and Non-Institutions held 75.66% and 24.34% stake in the company respectively.
One97 Communications (Paytm) has launched its latest innovation - Card Soundbox. With this, the company empowers merchants to accept both mobile and card payments across all Visa, Mastercard, American Express and RuPay networks through its iconic Soundbox with ‘tap and pay’ that will help merchants scale their business.
Paytm was the first company to launch audio-based confirmations with Paytm Soundbox, transforming in-store payments in the country. Focussed on creating technology-led innovations, the company continues to be the market leader in in-store payments with devices like Paytm Soundbox and Card Machines. After the recent successful launch of Paytm Pocket Soundbox and Paytm Music Soundbox, with Paytm Card Soundbox, the company is driving further convenience for merchants.
With Paytm Card Soundbox, the company solves two problems for merchants - accepting card payments along with getting instant audio alerts for all payments. The launch of Paytm’s unique device will transform in-store payments by expanding payment acceptance for merchants by combining Soundbox with NFC or contactless debit and credit card payments with mobile payments. An industry-first solution, the new Soundbox provides both audio and visual payment confirmation through a LCD display to the merchant and the customer.
Paytm is India's leading digital ecosystem for consumers as well as merchants.
