Zoho Unveils New POS Device and Soundbox to Expand Its Fintech Portfolio

Zoho Unveils New POS Device and Soundbox to Expand Its Fintech Portfolio

Three points you will get to know in this article:

1. An all-in-one POS device, a smart POS device, and a static QR with soundbox are among the POS devices that Zoho has introduced.
2. The business is trying to integrate Zoho Pay with Arattai, its instant messaging software, so that payments may be made through the app.
3. Zoho announced today the launch of a number of payment solutions, such as marketplace settlements, virtual accounts for collections, and payout capabilities.

Zoho Expands Fintech Portfolio with New POS Devices and Payment Solutions

In order to broaden its fintech offerings under Zoho Payments, SaaS unicorn 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.

Notably, WhatsApp Pay, Arattai’s main competitor, currently enables users to make payments.

New Payment Solutions Announced at Global Fintech Fest

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

Payouts are now supported by Zoho Payments, allowing companies who use Zoho Payroll to automate employee payroll processing and distribute salaries.  Companies can track payments made, pay salaries from any bank account, and have a more dependable method of transferring money, the business stated in a statement.

In February of last year, Zoho was granted final permission for a payment aggregator license.  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.

Supporting 'Made in India' and Recent Company Developments

The product introductions 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 organizations with automation, easy integration, and customizable AI agents.  In order to increase its robotics research and development skills, it also purchased the robotics firm Asimov Robotics earlier this year.

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