Paytm Bank will give competition: The clouds of troubles on Paytm Bank had not subsided yet and now Google Pay has launched its soundbox.
Google Pay’s Soundbox
The name of Google Pay’s soundbox is ‘SoundPod’ and it will compete with Paytm Bank’s soundbox.
Will give real time information
Google Pay Sound Pod will give real time payment confirmation to users. This will prove useful for merchants, shopkeepers etc.
How will it work?
Google Pay Sound Pod has QR Code (Quick Response Code), which can be scanned and payment can be made easily.
Google pay Sounbox Its design is a bit modern compared to other soundboxes. It also has a small display. It comes with four buttons. Display will be available in SoundPod
Will charge like Paytm
Like Paytm Bank’s Soundbox, there will be a charge for using Google Pay SoundPod. There are two types of plans in this. There is a daily and an annual plan.
What is Daily Plan?
Google Pay is the daily plan of SoundPod. In this, one time payment of Rs 499 will have to be made. After this, a daily charge of Rs 5 will have to be paid, which will be deducted only 25 days in the month.
How much is the annual plan?
The annual plan in Google Pay SoundPod is Rs 1499, which will have to be paid by the merchant. Once full payment is made, no charges will be taken from the merchandise.
You will get cashback
A flat discount of Rs 125 will be provided by Google Pay. For this the merchant will have to receive Rs 400 payment within 30 days.