SaaS major Zoho forays into fintech space, launches Zoho Payments

INSUBCONTINENT EXCLUSIVE:
Sridhar Vembu, co-founder and CEO, Zoho Corp2 min read Last Updated Aug 29 2024 | 9:54 PM IST Software-as-a-service major Zoho
corporation on Thursday announced its foray into the payments space with the launch of Zoho Payments -- a unified payment solution to help
businesses accept money online from their customers. Making the announcement at the Global Fintech Fest in Mumbai, the company also
introduced business-to-business (B2B) payments capabilities powered by Bharat Bill Payment System (BBPS) of NPCI Bharat BillPay Limited
payment modes, instant payment confirmations, invoice financing, and a unified platform for invoice transmission and reconciliation
This marks a major advancement in the fintech domain
is PCI-DSS level 1 compliant payment solution that enables businesses to securely accept payments through UPI, more than 35 net banking