Fintech PhonePe announced the launch of its “next-gen” SmartSpeaker, an upgraded version, designed to meet the evolving business needs of merchants.
Built on the foundation of the original SmartSpeaker, the “next-gen version is Made in India.”
The latest upgrade reportedly “retains the features of its predecessor while introducing significant enhancements.”
Yuvraj Singh Shekhawat, Chief Business Officer of Merchant Business at PhonePe, stated:
“We are excited to introduce our next-generation SmartSpeakers, which are Made in India. Manufacturing these devices locally allows greater flexibility in adapting products to the specific needs and preferences of our merchants. With these SmartSpeakers, we are not only driving financial inclusion for merchants nationwide, especially in underserved areas, but also fostering domestic innovation and ensuring that Indian manufacturers become integral participants in the country’s digital transformation.”
PhonePe launched its SmartSpeaker in 2022, “providing offline merchants with a reliable and convenient payment solution featuring voice notifications.”
Available in 21 language variants, the SmartSpeaker “includes a celebrity voice feature with leading Indian actors.”
The real-time audio alerts for successful payments reportedly “reduce merchants’ dependency on checking SMS or app notifications, allowing them to focus on their business without constantly monitoring their phones for payment updates.”
The new ‘’Made in India” SmartSpeaker retains all “the popular features of the previous one and comes with notable enhancements in connectivity and power efficiency.”
It utilizes a 4G network for “faster speed and higher network reliability.”
The latest version gets completely “charged in approximately 75 minutes.”
The device also has an extended battery life, “exceeding seven days of standby period.”
Additionally, it includes audio clarity in the “noisiest of environments, and a compact form factor allowing merchants to use it even in the most congested counter spaces.”
As covered, PhonePe Limited (Formerly PhonePe Private Limited) is one of India’s fintech companies.
Headquartered in India, its flagship product, the PhonePe digital payments app, was launched in Aug 2016.
As of March 2025, PhonePe claims it has over “60 Crore (600 Million) registered users and a digital payments acceptance network spread across over 4 Crore (40+ million) merchants.”
PhonePe also reportedly processes “over 33 Crore (330+ Million) transactions daily with an Annualized Total Payment Value (TPV) of over INR 150 lakh crore.”
The PhonePe Group’s portfolio of businesses includes the “distribution of financial products (Insurance, Lending, and Wealth) as well as new consumer tech businesses (Pincode – hyperlocal e-commerce and Indus AppStore – Localized App Store for the Android ecosystem) in India, which are aligned with the company’s vision to offer every Indian an equal opportunity to accelerate their progress by unlocking the flow of money and access to services.”
