Zoho Expands Fintech Portfolio with New POS Device and Soundbox Launch

To broaden its fintech products under Zoho Payments, SaaS startup Zoho has introduced its line of point-of-sale (POS) devices, which includes an all-in-one POS device, smart POS device, and static QR with soundbox. Sridhar Vembu, a co-founder of Zoho, made the announcement on X.

In order to tackle “real business challenges and strengthen India’s digital payments infrastructure”, Zoho has also teamed up with NPCI Bharat BillPay Ltd (NBBL), a subsidiary of the National Payments Corporation of India (NPCI), Vembu continued. According to Vembu, the business is also working on integrating Zoho Pay with Arattai, its instant messaging app, so that payments may be made through the app.

Zoho Also Announces Pool of Payment Solutions

On the outskirts of today’s ongoing “Global Fintech Fest 2025” in Mumbai, Zoho also announced the availability of a variety of payment options, including payout capabilities, virtual accounts for collections, and marketplace settlements.

According to a statement from the firm, Zoho Payments now facilitates payouts, allowing companies who use Zoho Payroll to automate employee payroll procedures and make salary disbursements. Companies have a more dependable method of transferring money, can track payments made, and can pay salaries from any bank account with ease.

In February of last year, Zoho was granted final permission for a payment aggregator licence. After then, the business launched Zoho Payments, marking its entry into the payments market. At the time, Zoho said that companies could simplify their payment procedures by integrating Zoho Payments with its financial and operations apps, such as Zoho Books, Zoho Invoice, and Zoho Billing.

Zoho Strongly Backed by the Indian Government

The recent product introductions by Zoho coincide with a renewed interest in goods manufactured in India. Ashwini Vaishnaw, the minister of information technology, recently openly supported Zoho’s software package for official government work. In the meantime, Arattai has experienced a dramatic increase in downloads in recent weeks.

 Additionally, Zoho launched a new sub-brand last week named Vani to provide “visual” workplace communication products driven by AI. Along with its extensive language model, the company unveiled a suite of AI tools in July to help organisations with automation, easy integration, and customised AI agents. In order to increase its robotics research and development skills, it also purchased the robotics firm Asimov Robotics earlier this year.