Financial technology company Infibeam Avenues CCAvenue SoundBox Max has introduced an advanced, cost-effective point-of-sale (POS) device designed to meet the payment acceptance needs of Traders Throughout India.
According to the company, the new device is positioned to significantly transform the way retailers and merchants process payments, providing them with a comprehensive solution that goes beyond traditional methods.
The company announced the launch at Global Fintech Fest (GFF) 2024 in Mumbai.
Addressing market needs with multiple payment capabilities
CCAvenue SoundBox Max is not just another paid device; it is a response to specific market demands.
Infibeam said merchants and retailers have long expressed the need for a device that supports more than just UPI payments.
The addition of debit and credit card payment options on CCAvenue SoundBox Max addresses this gap, allowing merchants to accept a wider range of payments including UPI QR codes, debit cards, and credit cards.
“Our CCAvenue SoundBox Max is designed to reshape the payments landscape for retailers and merchants by offering them the flexibility to accept payments from multiple sources – UPI, debit cards and credit cards,” said Vishwas Patel, Joint Managing Director, Infibeam Avenues Ltd.
Key Features That Improve Retail Operations
CCAvenue SoundBox Max has several features that simplify and protect transactions. It supports static and dynamic QR payments, contactless payments (NFC), and chip-based credit and debit card transactions.
The device also includes a built-in SoundBox that audibly confirms transaction success in multiple languages, making it suitable for a variety of retail environments.
Additionally, the device’s design includes a large front display that shows order amounts and transaction statuses, while the rear screen and keypad make it easy to navigate to enter transaction details and card PINs. It also has a long-lasting battery and Type-C fast charging.
Improve capabilities
Infibeam Avenues is also gearing up to enhance CCAvenue SoundBox Max with additional value-added features such as Card EMI and Brand EMI options, catering to diverse retail sectors including supermarkets, quick service restaurants, salons, fashion boutiques and more.
The device complies with EMV L1, L2, PCI PTS, CE, FCC and RoHS standards, it said.
The company has entered into partnerships with several key players including Karnataka Bank, ICICI Bank, ShopSe, Citibank India, PayMyTV, Cars24, Muthoot FinCorp ONE, Loylty Rewardz, Society on Click, Chalo App and BHIM to offer cutting-edge solutions to further enhance the payments ecosystem.
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