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AU Small Finance Bank launches QR Sound Box to lift digital payments

October 22, 2021 08:15 PM

AU Small Finance Bank launches QR Sound Box to lift digital payments
AU SFB said that the QR Sound Box will help small merchants to run their operations smoothly without the hassle of reading SMS every time

AU Small Finance Bank (AU SFB) — on October 22 announced the launch of a QR Code Sound Box, With an aim to enhance its reach in digital payments.

AU SFB said that the QR Sound Box will help small merchants to run their operations smoothly without the hassle of reading SMS every time when a customer makes a payment.

So far, the bank has deployed over two lakh QR Codes. QR code sound box is a small and portable speaker which comes with a dedicated SIM slot for data connectivity which gives voice notification. The new sound box is available in five languages including Hindi, English, Punjabi, Gujarati and Marathi.

Also Read: RBI imposes Rs 1 crore penalty on Paytm Payments Bank

“This launch will accelerate our Digital India mission and make more financial services available to the underserved. At the same time, this product will also ensure customers loyalty to use AU Bank QR and simplify the payment process. Our QR Code sound box is another effort by us as changemakers – Badlaav ki Pahal,” AU SFB Executive Director Uttam Tibrewal said.

Prior to the launch of QR code sound box, AU SFB had launched credit cards and AU 0101-super app, which further simplified banking by offering banking from home with video banking service.

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