ToneTag backs the future of offline payments; joins forces with Crunchfish
With this strategic business & technical partnership, ToneTag intends to amplify the role of offline payments using sound wave technology
ToneTag, India’s fastest growing sound-based proximity communication and payments service provider, has recently announced its partnership with Crunchfish, Sweden’s leading tech company offering future centric solutions for the betterment of human lives. The well-thought-out alliance will enable ToneTag to combine its celebrated sound-based proximity technology with Crunchfish’s capability of offline payments and encourage greater use of digital payments in retail and other sectors of the economy.
Crunchfish’s digital cash is pliable, works 24/7, and allows people to pay privately and offline, just like paper cash. This easy to use solution has gained traction during the pandemic and has the potential to do wonders beyond it as well.
Commenting on the momentous partnership, Kumar Abhishek, Founder and CEO – ToneTag, said, “Poor internet connectivity and absence of payment services on feature phones have hindered numerous people from making online payments. Our audio-based data communication combined with Crunchfish’s digital cash will enable customers to experience the joy of making uniform payments, even in offline spaces. By joining hands with them, we plan to modernise digital payment services in the years to come”.
ToneTag’s futuristic and stable sound-based technology allows its users to make quick and secure payments, without needing an internet connection by its side. The solution also works well on feature phones, which are used by millions of Indians in the country.
About ToneTag
ToneTag is driven to realize mobile experiences and interactions as a service. The technology uses sound waves to enable contactless, offline and proximity data communication on any device. Being a software element, it can easily be integrated into existing devices, making it highly compatible and accessible to everyone. Transactions are highly secure and frictionless, creating a seamless experience for users. ToneTag aims to revolutionize the payment ecosystem with simple but robust technology.
