About

ToneTag harnesses the power of sound to build a robust channel of data communication to enable extraordinary experiences across businesses. The technology utilizes a proprietary software which gives way for quick and easy data communication. Being a software element, it can easily be integrated into existing hardware, making it interoperable and platform independent. Protected with multiple layers of security, data security is our number one priority. The technology provides unparalleled convenience and experiences for a multitude of use cases across the payments, retail and mobility sector. We empower small merchants in remote areas to large MNCs to understand, reach and engage with their customers with a simple but futuristic technology. ToneTag was formed in 2013 in the Silicon Valley of India, Bangalore and since then we have cemented ourselves as a pioneer in sound technology. With a vision to constantly innovate, the possibilities of our technology are unlimited.

Focus

PRODUCTS & SERVICES

ToneTag offers the following solution: 1. ToneTag for Payments: Enables contactless transactions by integrating ToneTag SDK with mobile apps, EDC/POS and ATM machines. 2. ToneTag for Retail: RetailPod helps retailers and merchants collect payment without using cash or card in real time. 3. ToneTag for Mobility: Its mobility solutions help customers to make cashless payments.

REVENUE MODEL

We charge license fee for our product with Payment instrument issuers, while with merchant acquirers, we charge a small fee on every additional transaction we bring.

MAIN CLIENTS

Payu

YES BANK

Mobikwik

EXISTING PARTNERSHIPS

HDFC

ICICI (Pockets)

PRIMARY PROBLEM SOLVED

ToneTag solves the proximity payment problem of the payment ecosystem. Our sound-based payment SDK enables all hardware including EDC, laptop/desktop, and mobile phones to accept digital payments without any hardware upgrade.

INTELLECTUAL PROPERTY

Patent(s) FILED