Progxy, an Indian Industrial Internet of Things (IIoT) start-up, has launched the ‘AudioCube Mini', which is designed to cater to the needs of FinTech clients and PSU banks. 

The indigenously manufactured product is the latest addition to the recently unveiled AudioCube brand, which includes a range of sound boxes like the Dynamic QR code sound box, Bluetooth-enabled music sound box, and an ad network integrated sound box. 

The AudioCube Mini streamlines payment transactions and has a battery life of up to three days. It integrates different payment gateways into a single device making it convenient for sellers to accept digital payments seamlessly.

The device includes 4G connectivity with Bluetooth, removable batteries, a torch, radio and multilingual support. It also has a patent-pending design to easily convert the pocket AudioCube Mini into a shelf-top sound box. 

Pulkit Ahuja, founder of Proxgy, stated, "We have designed it to streamline transactions for the last mile merchants, providing them with a powerful tool to boost sales and simplify payment processes. From vegetable vendors, auto-rickshaw drivers and rickshaw pullers to hawkers, etc., will find it handy and way more convenient to use". 

The company claims that it has orders of over Rs 35 crores for its custom-built AudioCube devices and corresponding software pipeline and dashboards. It aims to deploy over 1 million AudioCube Minis this financial year, serving fintech and public sector unit (PSU) clients. 

"As a B2B Indian player, we are dedicated to serving tier 1 Indian finTech and PSU banks with innovative and disruptive 'Made in India' payment confirmation devices," underlined Ahuja.