Worldline launches VABOX to facilitate instant payment voice alerts for merchants in India

India — 17 / 03 / 2023

Mumbai, 17 March 2023: Worldline [Euronext: WLN], a global leader in payments services today launched VABOX – Voice Alert Box - to facilitate instant payment voice alerts for merchants in India.

VABOX

The sleek, compact, and robust device is currently being launched by Worldline partner banks namely Axis Bank, Kotak Mahindra Bank, Punjab National Bank, Union Bank of India, and others. In the initial phase, Worldline India will be rolling out half a million devices that will prompt instant voice alerts for QR-code-based payments.

Worldline VABOX provides crisp and clear alerts that ensure a wider hearing range across the entire store. It supports multiple regional languages that aim at enhancing adoption among larger merchants and customer bases alike.

Speaking at the launch, Mr. Ramesh Narasimhan, Chief Executive Officer - Worldline India, said: “In our endeavour to enhance merchant experience and aid mass adoption of digital payments among small merchants and retailers, we are thrilled to launch VABOX with six financial institutions. VABOX is set to cater to the existing QR merchant base of over 250 million as well as its growing numbers in the future. VABOX overcomes the challenges of visual impairment and encourages inclusivity among merchants for greater financial inclusion. In the first six months, we plan to roll out half a million devices and partner with more such financial institutions.”

The device comes with a sophisticated ARM cortex R5 500 MHz processor, a powerful 2000 mAh battery, digital display, essential 4G and WiFi communication, enhanced memory, and can be customised for brands too.

About Worldline India

Worldline India is part of the Worldline group. Worldline India offers a one-stop shop for all payment needs – In-store payments, Online payments, Omnichannel Payments, and Issuance and Acquiring solutions. Worldline India has over 20 years of payment experience and is one of the most preferred partners of choice for all leading banks, retail brands, e-commerce companies, NBFCs, Insurance, start-ups, and SMBs in India. Worldline covers the whole payment value chain and end-to-end processes that facilitate services to over 1.5 million merchants across 5000 towns and cities in India. Supported by an over 2000-member team, Worldline India is constantly investing in its people and in the latest technologies to increase efficiencies, drive innovation, and enhance digital payments adoption across the country. in.worldline.com

 

About Worldline

Worldline [Euronext: WLN] helps businesses of all shapes and sizes to accelerate their growth journey – quickly, simply, and securely. With advanced payments technology, local expertise and solutions customised for hundreds of markets and industries, Worldline powers the growth of over one million businesses around the world. Worldline generated 4.4 billion euros in revenue in 2022. worldline.com

Media Contacts

Prithish Chakraborty

Prithish Chakraborty

Director- Marketing & Corporate Communications