New Delhi, Oct. 8 -- In a strategic move to deepen its footprint in the fintech space, Zoho has announced its foray into the hardware segment with the launch of Zoho Payments PoS devices, QR devices, and sound boxes. The initiative marks a significant step for the company, which has traditionally been known for its software-driven business applications.

Following the launch of Zoho Payments in 2024, the company is now expanding its payout capabilities, virtual accounts for collections, and marketplace settlement solutions.

"We got into payments last year. We were supporting online payments without any devices. As a strategy, we may start in one area but keep expanding. This is a natural progression for us," said Sivaramakrishnan Iswaran...