Infosys partners with ToneTag to enable contactless payments solutions

To offer sound based contactless payments solutions

Infosys Finacle, part of EdgeVerve Systems, a wholly owned subsidiary of Infosys announced a partnership with ToneTag, a provider of near-field communications, payments and location based services using sound waves.

Through this partnership, Finacle and ToneTag will offer a joint solution that will leverage the latter's sound wave technology to enable proximity payments and interactions.