Zoho Pay Launching Soon To Compete With Google Pay, Paytm & PhonePe: Zoho company is known for its innovations. As you know, the company launched its Arattai app to compete with WhatsApp in 2021, but recently it became more popular because of marketing. Now, the company is planning to launch its UPI payment platform known as Zoho Pay.
Zoho Pay will directly compete with Google Pay, PhonePe, and Paytm-like payment platforms. As per reports, the company will also integrate Zoho Pay directly into its Arattai messaging app, so you will not need to switch platforms to chat and make payments. You will be able to make payments on the same platform and keep your chatting going on.
What’s The Zoho Pay Vision?
Recently, Zoho Payments Tech’s CEO Shivram Krishna Ishwar mentioned that Zoho Pay will primarily focus upon the secure sending and receiving of money, and it will provide you with a smooth, secure, and integrated payment experience with the Arattai chat window. Like WhatsApp, you will be able to send and receive money from the same platform, and you do not need to switch platforms in order to make or receive payments.
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Zoho Company Profile
However, Zoho is an Indian brand that primarily deals in business payments and point-of-sale (POS) solutions. Now, the company is all ready to dig down into the market and enter the payment business. The payments business CEO has also mentioned that “our fintech approach is incremental.” We are starting from payments, and we will later on focus upon lending, broking, insurance, and wealth-tech segments.
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Zoho Billing & Zoho Payroll – Next Products
Zoho Billing is also on the way because the company is all set to bring invoicing and subscription management solutions to the market. Along with that, Zoho Payroll will also be introduced, which will integrate with banks to create a ready financial stack for payment collection to cash flow management.