GMO-PG ties up with ToneTag to widen its payment system

Under this collaboration, ToneTag will deploy an issuer-and-acquirer network on a sound-based payment ecosystem for GMO.

New Delhi: With a vision to establish a revolutionary sound-based ecosystem throughout Asia-Pacific, ToneTag, India’s leading sound-based proximity communications and payment services provider, recently announced its collaboration with GMO Payment Gateway, Inc (GMO-PG). This strategic partnership will provide ToneTag with avenues to expand its sound-based network while strengthening the value-proposition of GMO through facilitation of an advanced contactless services.

Under this collaboration, ToneTag will deploy an issuer-and-acquirer network on a sound-based payment ecosystem for GMO, introducing a range of banking and retail solutions for augmented end-customer experience. This will add another optimal and scalable value-added method to GMO’s comprehensive payment services offerings, enabling its clientele to leverage cutting-edge soundwave technology for highly secure, quick, and seamless financial transactions. Harnessing the power of sound, ToneTag is redefining both financial and retail industries by empowering businesses to expedite their payment processes and improve their holistic customer experience.

Sharing an insight into the partnership, Kumar Abhishek, Co-founder and CEO, ToneTag remarked, “ToneTag has been leading the charge in bringing about a transformational shift within the financial industry through its highly disruptive services based on soundwave technology. Our constant focus on the uptake and development of such a revolutionary technology has culminated in the organization’s stellar growth so far. At this juncture of exponential growth, having a reputed organization as GMO on board will help us scale newer heights. We believe that this collaboration will certainly help us further our vision towards a major comprehensive expansion while helping us provide our highly innovative, optimum, secure, and foolproof financial services to a wider global audience.”

Since its inception, ToneTag has made a massive headway in the global digital payments space, deploying the revolutionary soundwave technology to facilitate a bouquet of financial services to its customers and associates. The organization’s association with globally reputed internet company GMO aligns with its objective of expansion and provision of financial services for an enhanced experience. Through this association, ToneTag envisions to escalate its value-proposition to a wider audience while spearheading the transformation of the financial landscape on a global scale.

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