Soundwave communication is a technology that enables every mobile device to use digital payments without the need of supporting hardware required by other protocols such as Bluetooth, WiFi, QR code and NFC (Near Field Communications), says Kumar Abhishek, co-founder, ToneTag.
ToneTag is a sound-wave communication technology platform which enables payments and close proximity customer engagement services on any device, independent of the instrument or the infrastructure.
“Sound as a communication protocol is great compared to everything else because if you have to build great experiences you need natural energy form. But the critical thing is that once you have identified this tech, the verticals where one can create an impact have to be spotted. Payments is definitely one of them as because of the level of innovation and disruption happening on a mobile phone.” says Kumar.
Challenges of using sound technology