Are Soundboxes the Easiest Way to Get Payment Confirmations for Small Businesses?

Are Soundboxes the Easiest Way to Get Payment Confirmations for Small Businesses?

15 July, 2024

Synopsis

Soundboxes are quite effective, especially during peak business hours to get instant audio alerts. You don't need to constantly check your bank account for credit payments, saving significant time and effort. Soundboxes are quite affordable. It's really simple to apply for the soundbox facility.

With the advent of Digital India, paying online through UPI has become the default mode of payment. However, certain unfortunate instances occurred where the small businesses were tricked by customers into believing that successful payments were made when in fact they were not. During busy hours, merchants cannot track each payment in their bank statements online. What’s the option then? Well, HDFC Bank has got you covered with its Vyapar Soundbox facility. Let’s discover!

What is a Soundbox?

Soundbox is a device that provides instant audio alerts on accepting digital payments. Whenever you receive a QR code payment online, the soundbox gives a sound/audio alert that a payment is received. The soundbox also confirms the amount of payment received. Once the customer makes the payment, the sound alert is issued instantly. This promptly intimates the merchant that the payment has been received and confirms the amount being received.

How soundboxes became a companion of small businesses?

Soundboxes got instant popularity, especially amongst the small businesses. Here are certain benefits of soundboxes that make them the best payment companion for today’s merchant:

  • Instant & Reliable: This is the most important benefit and the reason behind the soundbox’s success. Soundboxes provide instant payment audio alerts to the merchants. This gives them a sense of relief that they have received the payment. Further, it also saves them from the hassle of checking their bank account time and again.

  • Language Choice: Language is not a hurdle anymore. Soundboxes come with multiple language options. While Hindi and English are two of the most common language options, you can also find regional language options for sound alerts. This ensures you are always comfortable and seamlessly understand the sound alert, especially the amount of payment received.

  • Compact Device: Soundboxes are compact devices that are easy to carry and place. Being compact, it doesn’t occupy much space and you can easily place them in your shop’s desk or table prominently from where it is easily audible.

  • Simple Integration: The soundbox can be easily integrated into your UPI ID. Thus, all categories of merchants, whether big or small, can easily place soundboxes in their shops. If you find difficulty in placing the soundbox, the soundbox provider can help you with the integration.

  • Affordable: Soundboxes are affordable and do not require you to pay hefty fees for their usage. With HDFC Bank, you just need to pay nominal rent to get the soundbox facility. A nominal fee can help you dodge significant losses in the long run. It also has special offers on acceptance of terms and conditions.

  • Amazing Battery Backup: Soundboxes usually come with amazing battery backups. The batteries of soundboxes usually last for days, as high as 4-5 days on a single charge. This ensures you don’t have to charge it again and again, especially during the season time.

How to apply for HDFC Bank Vyapar Soundbox?

HDFC Bank SmartHub Vyapar allows you to avail the soundbox facility by following the below simple steps:

  • Register yourself on the HDFC Bank SmartHub Vyapar app. Begin by choosing your desired language.

  • Enter your mobile number and PAN card details.

  • Check & Accept the Terms & Conditions. Enter the OTP to complete the verification.

  • Sign up by setting up a 4-digit mPIN of your choice. You can also enable the touch ID.

  • HDFC Bank will carry out a background check and process your application as per eligibility.

  • After the background check, the account numbers eligible for integration will be shown on your screen.

  • Select your bank account for payment credits.

  • Confirm the current account that you selected and proceed.

  • Confirm your business address and complete your remaining profile.

  • Select the nature of your business.

  • Enter your email ID, select the range of your annual turnover and enter your GST registration number.

  • Accept MDR Charges and you will get an option to apply for Vyapar Soundbox. Check & Accept Terms and Conditions to order Soundbox at a nominal monthly rent.

  • After completing the above process, check and accept the Terms and Conditions to successfully register for SmartHub Vyapar app.

Now, you have registered on SmartHub Vyapar with a soundbox facility.

In a Nutshell

Soundboxes have been one of the most convenient tools for businesses at large. They have solved one of the most significant problems of constantly tracking payments online. HDFC Bank SmartHub Vyapar allows you to get registered and increase your business. It also provides you with the soundbox facility for a seamless payment experience.

 *Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. HDFC Bank SmartHub Vyapar is available to only Individual & Sole Proprietorship entity and for select Current Account variants only. For other entity types, please connect with the nearest branch.

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