Easypaisa, a trailblazer in Pakistan’s digital financial services realm, has introduced the QR SoundBox, a groundbreaking device poised to transform the landscape of digital financial transactions across the country. According to a recent news release, the QR SoundBox promises a seamless and effective solution catering to both merchants and customers.

This portable device comes equipped with a speaker designed specifically for payment alerts and instantaneous notifications. Operating with a SIM card for connectivity, the QR SoundBox facilitates real-time communication between merchants and customers.

Here’s how it works: When a customer initiates a payment to the merchant using their Easypaisa app by scanning a QR code, the QR SoundBox promptly notifies both parties of the successful transaction through a loud sound alert. This feature ensures an efficient transaction experience for merchants, as they receive instant payment notifications, thereby saving time and enhancing operational efficiency. Moreover, the device provides transparency and security in every transaction through an audio voice broadcast that confirms the payment status. Additionally, the transaction amount is visibly displayed on an LCD segment of the device, offering further convenience and clarity to the merchant.

Shahzad Khan, Head of Channels, Corporate Business & Productive Lending at Easypaisa, expressed his views on the launch, stating, “The introduction of the QR SoundBox underscores Easypaisa’s commitment to driving financial inclusion and empowering businesses across Pakistan.” Khan emphasized that the device enhances transaction efficiency, fosters trust, and reliability among merchants and customers alike. He believes that the QR SoundBox will play a pivotal role in accelerating the adoption of digital payments, thus creating a robust digital ecosystem that benefits millions of Pakistanis.

In addition to facilitating instant payment notifications, the QR SoundBox offers the convenience of broadcasting the last payment status with the simple press of a button, further streamlining the payment process for merchants.

With over 40 million registered mobile accounts and counting, Easypaisa remains at the forefront of Pakistan’s digital financial services landscape. The company remains dedicated to fostering financial inclusion through collaborative efforts and innovative technology solutions.

ALI

ALI

Experienced Senior Research Analyst

SIKANDER RAZA

SIKANDER RAZA

Sikander Raza, a Senior Technical Analyst

HAMZA SALEEM

HAMZA SALEEM

Hamza Saleem, a Senior Business Analyst

IRSA

IRSA

Irsa Sajjad, as a Research Analyst for Equities

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