Sridhar Vembu’s Zoho Corp has been busy lately. After widespread publicity of its Zoho office suite apps as well as the endorsement of Arattai’s major update, the company is now looking to get into the fintech sector. Zoho Pay, as the rumours say, is expected to offer a homegrown alternative to the likes of PhonePe, Paytm and Google Pay, offering a one-stop solution to all digital payment services.

The app, which is currently under development, is Zoho’s attempt to leverage the NPCI’s Unified Payments Interface (UPI) network, which is currently considered one of the world’s robust digital payment ecosystems. Zoho’s existing infrastructure, which includes a payment-aggregator license and the provision of business payments through Zoho Business, provides a strong foundation for this consu

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