Zenpay Solutions: Supporting Digital India Movement with Robust Digital Payment Solutions

CIO Vendor A midst the pandemic, everyone is trying their hand to get back to a normal life. However, this is the new normal, and when it comes to digital cards and payments space, things are looking brighter than ever. As safety and hygiene measures are being strictly enacted across the world, digital cards and payments’ growth bandwagon has been accelerating like never before. When we look at it from Indian market standpoint, digital payments and other fintech solutions are still in its nascent stage, compared to the global market scenario. Therefore, there is a huge market potential, which still lies untapped in the country. Taking into consideration the fact that most of India’s population is based out of rural areas, digital payment products and solutions should be robust, user friendly and accessible.

Perfectly understanding the market situation, one startup who has been consistently showing promising signs when it comes to the deliverability of user-friendly digital payment solutions is Zenpay Solutions established in 2018. The company has been significantly aiding Government’s Digital India mission by driving innovation in the digital payment space in such a way that even nontech savvy or un-educated users can easily use their digital payment application; whether it be through mobile app or from the web itself.

Their target customers have been SMEs and MSMEs who are still using mundane traditional methodologies such as cash distribution to provide salary to their employees. And when it concerns SMEs and MSMEs, Zenpay Solutions has been successfully delivering solutions which other financial players such as banks are failing to deliver in the current juncture.

“We are currently providing digital salary account solutions to bluecollared workers who are working across various rural and remote areas in the country. We thought of delivering this niche solution to provide these blue-collared workers a digital salary account which can be seamlessly accessed
through a debit card, a mobile app and as well as from a web application,” highlights Ankit Bhargava, Founder and CEO at Zenpay Solutions.

Enabling Salary Processing with just few Clicks
Today, especially during these times of pandemic, transferring salary and monitoring it in real-time has become a challenge for many SMEs and MSMEs. Hence, looking at the requirements and the challenges in the current market situation, Zenpay Solutions caters with digital payment solutions to SMEs and MSMEs so as to maintain their employees' data digitally and also transfer the salary to its employees in just a matter of few clicks. Rather than going to banks or having to transfer salary across different employees’ accounts, their customers can carry out and maintain their payment operations digitally through an easy to use corporate portal. Thus, Zenpay Solutions have been bringing banking service right in the palm of users. They effectively maintain every financial database securely in one application, where users can monitor every transaction and generate account statements remotely at any given moment.


The major USPs of Zenpay Solutions is its crystal-clear transparency and a robust security system


Assuring Security and Transparency
The major USPs of Zenpay Solutions is its crystal-clear transparency and a robust security system. They have made sure that every transaction and service related to their payment application is safeguarded in respect to one’s privacy. And because of these capabilities, today, Zenpay Solutions caters to more than 50,000 customers PAN India and has been significantly penetrating even further.

Zenpay Solutions is currently expanding its reach across every region in the country today to cater SMEs, MSMEs and their employees. “We are also planning to extend our reach to different parts of the world including Sri Lanka, Philippines, Bangladesh, Nepal, Vietnam, among others,” concludes Ankit.