Kumar Abhishek is the Founder and CEO of ToneTag, the first company to enable contactless payment acceptance on EDC machines using sound waves. Kumar helms the company’s strategy and its software development. Driven by his desire to find technological solutions to encourage financial inclusion and improve the digital payments space, Kumar was instrumental in the company’s development of a software-only product that offers the interoperability and frictionless transactional capacity of cash.
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Digital payments are projected to contribute all of 15per cent to the country's GDP by the year 2020
Sound Wave technology has the potential to truly disrupt, optimize, and democratize the digital payments ecosystem