Payment Gateway Accounts

What are Payment Gateway Accounts?

When customers pay through gateways like Razorpay, PayU, or PhonePe, the gateway deducts charges before settling to your bank. Hisaabo tracks this automatically.

Example: Customer pays ₹1,000 via credit card through Razorpay (2% charge).

• ₹1,000 recorded as payment received
• ₹20 expense auto-created (gateway charge)
• ₹980 auto-settled to your bank account
• Full audit trail in bank transactions

Setup (60 seconds)

1. Go to Cash & Bank in the sidebar and click + Add Account.
2. Select Payment Gateway as the account type.
3. Enter a name (e.g., “Razorpay”).
4. Select your settlement bank account.
5. Set charge rates per payment mode:
   • Credit Card: 2%
   • Debit Card: 1.5%
   • UPI: 0%
   • Net Banking: 2%
6. Click Create.

1. Tap More in the bottom tab bar, then tap Bank.
2. Tap the floating + button.
3. Select Payment Gateway as the account type.
4. Enter a name (e.g., “Razorpay”).
5. Select your settlement bank account.
6. Set charge rates per payment mode:
   • Credit Card: 2%
   • Debit Card: 1.5%
   • UPI: 0%
   • Net Banking: 2%
7. Tap Create.

How It Works

When you record a payment and select a gateway account:

1. Select the payment mode (Credit Card, Debit Card, UPI, etc.) using the chip buttons.
2. The system shows the charge preview: “Gateway charge: ₹20 (2%). Net ₹980”
3. On confirmation:
   • Full amount deposited to gateway account
   • Charge expense auto-created
   • Net amount auto-transferred to your bank

Charge Configuration

Each payment mode can have a different charge rate:

Mode	Typical Rate
Credit Card	1.5% - 2.5%
Debit Card	0.5% - 1.5%
UPI	0% (usually free)
Net Banking	1.5% - 2%
Wallet	1% - 2%

Rates are inclusive (enter the total effective rate including GST on charges).

Reports

Gateway charges appear automatically in:

• Expenses — categorized as “Payment Gateway Charges”
• Daybook — full transaction trail
• Profit & Loss — reduces profit by the charge amount

CLI & MCP

hisaabo bank gateway-config <accountId>
hisaabo bank update-gateway <accountId> --charge-credit-card 2.5

MCP tools: bank_account_gateway_config, bank_account_update_gateway

FAQ

Can I have multiple gateway accounts? Yes. Create one for each gateway (Razorpay, PayU, etc.) with different charge rates.

What if charge rates change? Update the config anytime. Changes apply to new payments only.

What about refunds? V1 does not auto-handle refunds. Record a manual expense or credit note.

Does Hisaabo connect to the gateway API? No. This is internal bookkeeping. No API integration with Razorpay/PayU.