HomeNewsBankingAU Small Finance Bank launches QR Code Sound Box

AU Small Finance Bank launches QR Code Sound Box

AU Small Finance Bank launches QR Code Sound Box

AU Small Finance Bank has launched a sound box to offer instant voice-based payment alerts to merchant partners. The aim of The QR Code SoundBox is to exchange the bank’s reach in digital payments.

  • The QR Sound Box will support small merchants to run their operations smoothly without the hassle of reading SMS every time a customer makes a payment.
  • It will help in boosting Digital India’s mission and will make more financial services available to the underserved.
  • It will ensure to simplify the payment process for customers.

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What is QR code sound box

  • It is a portable speaker and equipped with a dedicated SIM slot for data connectivity.
  • The sound box gives a voice notification.
  • It will be available in five languages – Hindi, English, Punjabi, Gujarati, and Marathi.

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AU Small Finance Bank digital banking innovations

  • The bank has provided digital banking innovations among small finance banks.
  • it has offered paperless services such as opening savings account through WhatsApp, deposit account variants, current account and fixed deposit, and end-to-end loan process on two-wheeler loans, and so on.

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