On August 29, 2024, Zoho announced its entry into the fintech world by launching Zoho Payments at the Global Fintech Fest in Mumbai.
This new platform offers a unified solution for businesses to accept online payments from customers. Additionally, Zoho Payments includes B2B features that simplify invoice handling and payments, supported by the Bharat Bill Payment System (BBPS) from NPCI Bharat BillPay Limited (NBBL). Zoho secured a payment aggregator license from the RBI in February 2024