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News In Brief Business and Economy

PhonePe Debuts 'Made in India' 4G Smart Speaker for Seamless Payments

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PhonePe Debuts 'Made in India' 4G Smart Speaker for Seamless Payments
06 May 2025
min read

News Synopsis

Walmart-backed fintech major PhonePe has introduced its latest innovation—an indigenously manufactured 4G Smart Speaker. Tailored for merchants, this smart device enhances the digital payment experience by offering instant UPI transaction alerts in audio format, thereby eliminating the need for frequent screen checks.

Real-Time UPI Alerts with Voice Notifications

The PhonePe Smart Speaker is designed to provide real-time audio alerts for UPI payments, ensuring that merchants are immediately notified of successful transactions. The feature adds a layer of convenience, especially in busy retail environments. With multilingual voice support and celebrity voice options, the speaker creates a personalized and accessible user experience for a wide range of customers.

4G Connectivity and Fast Charging Capabilities

One of the standout features of this smart device is its integrated 4G connectivity, which offers more consistent and reliable performance than traditional Bluetooth or Wi-Fi-based devices. This ensures uninterrupted communication, even in areas with limited internet access.

The Smart Speaker also comes equipped with fast charging technology, reaching full charge in just 75 minutes. Once fully charged, it can run on standby for over seven days, making it highly efficient for merchants with high transaction volumes.

Multilingual Support for Enhanced Accessibility

To cater to India’s linguistically diverse population, the PhonePe Smart Speaker supports 21 Indian languages, allowing merchants and customers from different regions to use it effortlessly. This feature not only boosts ease of use but also promotes digital financial inclusion across the country.

Subscription Plans to Suit Every Merchant

PhonePe offers two flexible pricing plans to make its Smart Speaker more accessible:

  • Plan 1: Rs. 318 setup fee + Rs. 125 monthly rental
    This plan includes automatic UPI Autopay deductions every 30 days, making it seamless for merchants to maintain their subscription.

  • Plan 2: Rs. 999 setup fee + Rs. 25 monthly rental
    A more affordable monthly option after the initial setup cost, this plan is designed for merchants who prefer minimal ongoing costs.

Merchants can cancel the subscription at any time, with monthly charges continuing until cancellation.

Boosting Merchant Productivity and Customer Experience

The compact design of the Smart Speaker ensures it fits easily on shop counters, especially in space-constrained environments. Real-time payment confirmations reduce transaction disputes and speed up service, thus improving customer satisfaction and operational efficiency.

By addressing the need for audible payment alerts, especially in noisy or high-traffic retail environments, the speaker supports smoother daily operations.

Supporting ‘Make in India’ and Local Innovation

PhonePe’s new product is proudly manufactured in India, contributing to the government’s Make in India initiative. The localized production ensures the speaker meets the specific needs of Indian merchants, such as language preferences, ruggedness for daily use, and efficient power management.

Yuvraj Singh Shekhawat, Chief Business Officer at PhonePe’s Merchant Business, emphasized that this innovation underlines the company’s commitment to financial inclusion and technological empowerment of small businesses.

Driving Financial Inclusion in India’s Digital Economy

The rollout of this 4G Smart Speaker aligns with broader national efforts to expand digital payment infrastructure. By bridging the gap between technology and accessibility, PhonePe empowers small retailers and kirana stores to adopt advanced solutions without incurring high costs or facing complex setups.

With over 50 crore registered users and widespread merchant adoption, PhonePe’s strategic move strengthens its leadership in India's booming fintech space.

TWN Special