Zoho expands fintech reach with PoS launch

ZOHO CORPORATION IS expanding its push into financial services with the launch of a suite of in-person payment devices — including point-of-sale (POS) terminals, QR-enabled devices, and sound boxes — under its Zoho Payments arm.

- URVI MALVANIA

The move marks the firm’s first hardware foray and underscores its intent to build an integrated financial ecosystem that spans collections, payouts, and connected banking for businesses, Sivaramakrishnan Iswaran, chief executive of Zoho Payment Technologies and global head of finance and operations at Zoho, told FE.

The hardware will be unveiled at the Global Fintech Fest 2025. This extends Zoho’s payment capabilities beyond its online gateway launched last year. The new devices allow businesses to accept card and UPI payments and come with builtin billing, receipt printing, and reconciliation features.