Amaravati, December 26, 2025: A homegrown fintech from Visakhapatnam is making local shopping more attractive. Payzo, a mobile app developed by entrepreneurs Shankar D. and Vyshnavi Chenna, lets users find nearby stores, complete payments, and receive instant cashback credited to their in-app wallet for future use.
The platform launched in July 2025 and focuses on seamless, condition-free rewards to encourage spending at kirana and small outlets across the city.
By offering free onboarding for merchants via a dedicated vendor app and personalized deals for frequent users, Payzo aims to drive footfall and loyalty.
