Nepali startup Yarsa Tech has introduced an innovative QR terminal named “AudioQR”, which offers instant payment confirmation through spoken audio. This advancement from the Pokhara-based technology lab brings together the convenience of QR-based payments with the added assurance of auditory confirmation.
Yarsa Tech Company Overview
Yarsa Tech, situated in Pokhara, Nepal, functions as both an electronics company and a Research and Development (R&D) lab. This company is dedicated to innovation, aiming to bring cutting-edge technology to its products. Their focus is on crafting high-quality solutions that cater to the unique needs of their customers. Yarsa Tech envisions itself as a nexus where creativity and technology converge, striving to develop practical and exciting products that enhance life in Nepal.
What is AudiQR and how does it work?
AudioQR is a unique QR payment terminal developed by Yarsw Tech. Which distinguishes itself by confirming transactions through live audio messages in Nepali. Unlike traditional QR payments in Nepal which may lack reliability, it ensures certainty in transactions by audibly confirming the payment in the Nepali language. This device eliminates the need to verify with the merchant, providing a reliable and accurate payment confirmation experience.
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Some key features of AudiQR by Yarsa Tech:
- Security: The startup tech company emphasizes the security and durability of AudiQR, which is designed and engineered in Nepal. It manages the system by enabling centralized control of multiple devices. It includes 5+ years of Over-The-Air (OTA) firmware updates, a 2-years repair warranty, and 1 year of the standard warranty. Moreover, the cloud-based capability allows disabling an AudiQR terminal if needed.
- Customization: AudioQR can be tailored to align with your brand’s identity and can be fully customized. Yarsa Tech also offers the option to incorporate specific features to fulfill your company’s unique requirements, including supporting local languages for transaction confirmation.
- Battery: The QR terminal comes in various models, with most supporting WiFi and some featuring GSM connectivity. The built-in 2,200mAh battery ensures more than 12 hours of life. Moreover, there is also the option without a battery only requiring continuous charging.
AudiQR Price in Nepal and Availability
The AudiQR comes with four variants – the first variant that only comes with WiFi is priced at NPR 2,200. Meanwhile, the version equipped with both GSM and battery backup is priced at NPR 3,600. The company intents to offer these devices to financial institutions and digital wallet companies, which will integrate their QR codes and provide the terminals to their clients.
Note: These prices exclude Value Added Tax (VAT).
Yarsa Tech AudiQR variant | Price in Nepal |
W1 (WiFi only) | NPR 2,200 |
W1P (WiFi + battery) | NPR 2,500 |
W1 (GSM + battery) | NPR 3,400 |
W1 (GSM + WiFi + battery) | NPR 3,600 |
Conclusion:
In essence, Yarsa Tech’s AudiQR introduces a novel approach to QR payments in Nepal, leveraging voice-based confirmation to enhance reliability. The product’s security, customization, and battery options make it a promising addition to the payment ecosystem.
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