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Zoho Enters U.S. Payments Market with the Launch of Zoho Payments, a Unified Solution for Secure, Seamless, and Scalable Payment Processing

  • Zoho Corporation introduced Zoho Payments last year in India as an integrated payment platform, which has now been made widely available.
  • Zoho developed this solution to address growing cashless transactions and fragmented payment tools by integrating payments tightly with its ecosystem.
  • Zoho Payments supports over 135 currencies, U.S. ACH payments, PCI DSS Level 1 compliance, automated reconciliation, and native gateway processing.
  • Zoho charges 2.9% plus 30¢ per domestic card transaction and an additional 1.5% for international cards, aiming to improve authorization rates and reduce fraud.
  • This launch marks Zoho’s first step into financial services, enabling businesses to streamline payment workflows and compete directly with established providers like Stripe and PayPal.
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Financial Post broke the news in Canada on Wednesday, May 14, 2025.
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