In TrendsStock MarketNSE IPO ListingStocks to BuyOil PricesGold and SilverPine Labs to deploy 10 lakh soundboxes across IndiaThe announcement came against the backdrop of a rapidly expanding digital payments ecosystem in India.By Gautham Krishna September 24, 2026, 12:37:09 PM IST (Published)Pine Labs on Thursday, September 24, said it plans to deploy 10 lakh soundboxes across India, as the payments company expands its merchant payment infrastructure.The company said the rollout is part of its plans to reinvest in the payments ecosystem as new monetisation opportunities emerge.“We wanted to invest back into the payments ecosystem as new monetisation opportunities emerged,” said B Amrish Rau, CEO of Pine Labs.He added that sustainable economics and financial inclusion could reinforce each other.Also Read: India eases online exports by letting e-commerce firms sell MSME goods abroadThe soundboxes use a cloud-first architecture and provide merchants with audio confirmation of transactions, according to the company. The devices also support remote management, over-the-air software updates and centralised monitoring.Pine Labs said the features are intended to allow merchants to manage and expand their payment infrastructure as transaction volumes increase.The announcement comes as digital payments continue to expand in India. UPI processed 22.35 billion transactions worth ₹29.03 lakh crore in April…
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