Reliance could rival Paytm and PhonePe with a sound box

Sound box, a pocket-sized speaker which validates and announces successful payments to merchants, was introduced by Paytm. Reliance, which has shown its financial services aspirations with Jio Financial Services, is now testing a sound box in some of its stores. The device uses Jio Pay as the reconciler. The company has a tradition of internally testing new offerings with staff before a public launch, but it remains unclear when or if Reliance plans to unveil the device.