Merchant acquisition in India is no longer a battle for QR codes. It is a battle for merchant-bank relationships. As UPI adoption scales across urban and rural markets, banks need new ways to retain settlement flows, strengthen merchant engagement, and unlock lending opportunities. AI-powered soundboxes are emerging as the most effective tool for that strategy.
- https://www.tonetag.com/how-banks-are-using-ai-soundboxes-to-win-the-merchant-acquiring-race-in-india/
- anvi
- aanvilast@gmail.com
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A Kearney and Amazon Pay study
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Merchant acquisition in India is no longer a battle for QR codes. It is a battle for merchant-bank relationships. As UPI adoption scales across urban and rural markets, banks need new ways to retain settlement flows, strengthen merchant engagement, and unlock lending opportunities. AI-powered soundboxes are emerging as the most effective tool for that strategy.