Zoho Payments is positioned as a direct competitor to established players like Stripe and PayPal, targeting mid-size and large enterprises with a completely integrated payment solution. By reducing reliance on third-party gateways, Zoho Payments integrates seamlessly with Zoho's own finance and sales applications, tackling the operational challenges faced by CIOs, such as system sprawl. This integration mirrors successful features seen in Zoho Analytics 6.0 and aims to streamline financial workflows, significantly enhancing efficiency for businesses.
"Our transportation company used third-party portals before, but the extra logins and disconnected integrations disrupted our flow," James Martin, Founder and CEO of Keystone Transport Services, said in a press release.
"Zoho Payments, integrated with Zoho Books, unified our processes and cut onboarding time significantly. Now, one person can easily accomplish over 100 times the work as before," Martin noted.
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