ToneTag’s edge computing shaping digital payments growth

ToneTag, a Bangalore-based company, has emerged as a global leader in contactless proximity payments, serving over 75 million customers and 1 million merchants across India, the Middle East, and Southeast Asia. Leveraging patented sound wave technology, ToneTag offers secure digital transactions in proximity, introducing innovative solutions like contactless payments, voice-assisted payments, and conversational payments on UPI.

Now, ToneTag is pioneering Edge Computing to enhance its proximity payment solutions, processing data closer to the source for swift and reliable transactions regardless of network quality. CEO Kumar Abhishek emphasizes the vision of a connected world, where infrastructure constraints are overcome for an elevated user experience. The integration of Edge Computing and Contextual AI enables intelligent payment orchestration, catering to user behavior and preferences for personalized payment experiences.

ToneTag’s solutions seamlessly integrate across various touchpoints, enabling innovative payment services in retail outlets, car dashboards, EV charging stations, vending machines, and consumer appliances. With strategic partnerships with industry leaders like ICICI Bank, Amazon, Google, and more, ToneTag targets further merchant expansion, aiming for a 300x surge in revenue this year.

Driven by its mission to accelerate digitization adoption, ToneTag’s cutting-edge solutions, including serverless edge computing and app-less conversational payments, are reshaping the digital payments landscape.
About ToneTag: ToneTag is a voice-first communication technology platform enabling cashless payments and proximity engagement services for users and merchants.