Zoho, the international tech firm based in Chennai, has today launched Zoho Payments POS terminals, QR devices, and audio boxes, along with various payment solutions such as payout functionalities, virtual accounts for collection, and marketplace settlements.

In 2024, Zoho launched Zoho Payments, a consolidated payment gateway designed to assist businesses in securely receiving payments from their clients. Today's launch expands the company's presence in the fintech sector, offering innovative, comprehensive payment solutions that streamline both collections and disbursements.

This declaration was issued during the Global Fintech Fest 2025, among the biggest yearly fintech gatherings, arranged by Payments Council of India (PCI), National Payments Corporation of India (NPCI), and Fintech Convergence Council (FCC).

Sivaramakrishnan Iswaran, CEO of Zoho Payment Technologies and Global Head of Finance and Operations BU at Zoho, states, "For many businesses, each payment—like receiving customer payments, paying suppliers, or processing salaries—navigates a complex system of banking portals, gateways, and financial applications that require integration." Zoho aims to remove the traditional barriers separating banking, business finance, and payments by unifying them into a cohesive, interconnected ecosystem.

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“Through ongoing investment in innovative fintech solutions, Zoho empowers businesses to better manage their incoming and outgoing payments, providing real-time insights into their finances and a dependable method for overseeing their cash flow. Our extensive services, integrating complete payment solutions with our overall finance and operations platform, distinctly enable us to assist businesses in efficiently handling money transfer, enhancing compliance, and growing with certainty," Sivaramakrishnan notes.

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The solutions introduced today include:

Zoho Payments POS and QR Devices
Zoho Payments POS and QR devices enable businesses to process in-person card payments through tap, dip, and swipe methods, in addition to UPI payments through scanning both static and dynamic QR codes. The POS terminals come with integrated printing and barcode scanning features. The QR devices include a sound box for immediate payment verification. The integrated billing feature in the POS device enables companies to create invoices and receive payments seamlessly. A café can quickly choose items, create a bill, accept payments, and print receipts, all using one device.

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Payouts via Zoho Payments
Zoho Payments now offers payout capabilities, allowing businesses utilizing Zoho Payroll to distribute salaries and automate payroll processing for employees. Companies can effortlessly process salary payments from any of their bank accounts, monitor the payments completed, and utilize a more dependable method for transferring funds.

Marketplace Settlements
Zoho Payments facilitates split settlements for marketplaces, enabling platforms to gather payments from customers and automatically distribute the correct portion to the seller. This streamlines the reconciliation process and accelerates payments for marketplace partners.

Zoho Payments Partner Program
Zoho Payments facilitates split settlements for marketplaces, enabling platforms to gather payments from customers and automatically distribute the correct portion to the seller. This streamlines the reconciliation process and accelerates payments for marketplace partners.

Virtual Accounts for Collections
Businesses can create and assign unique virtual accounts for each customer, invoice, or branch to accept NEFT, RTGS, and IMPS payments, which enables them to easily identify which customers have paid. This provides businesses with automatic reconciliation, reduces the risk of errors, and provides real-time insights into incoming payments.

On-demand Faster Settlements
Zoho Payments now provides on-demand, T+1 settlements, enabling SMBs to gain quicker access to their funds, improving cash flow compared to typical settlement cycles

UPI AutoPay for Recurring Payments
Companies utilizing Zoho Books and Zoho Billing can set up automated recurring payments through UPI Autopay e-mandates with Zoho Payments. A fitness studio can establish monthly membership payments in Zoho Billing and automatically generate and dispatch mandates to their members for approval and payment.