Set Up and Manage Zoho Payments in Zoho Books

Zoho Payments is an online payment solution that lets you seamlessly collect one-time payments from your customers. In the India edition, you can collect payments in INR using UPI, cards, and net banking.

Note: Zoho Payments is only available in the US and India on early access. If you would like to access Zoho Payments, write to us at support@zohopayments.com.

Note: Refer to the Zoho Payments’ pricing page to know the transaction charges.

When you configure Zoho Payments in Zoho Books, it will automatically be available in all other Zoho Finance apps (Zoho Checkout, Zoho Billing, Zoho Commerce, Zoho Invoice, and Zoho Inventory). This allows for a unified and seamless payment experience across all apps. You can also track payments from Zoho Payments in Zoho Books through reports and clearing accounts.

Set Up Zoho Payments

To get started, you’ll have to create a new Zoho Payments account from Zoho Books or another Zoho Finance application.

Prerequisites:

  • Ensure you are either the business owner or an authorized person to share business details and set up and manage Zoho Payments.
  • Keep the business details and documents handy to get started with Zoho Payments.

To create your Zoho Payments account:

Complete the setup by entering the details in the following sections:

Section Content
Business Profile Enter your basic business details. Provide the other required business-related details and documents based on the Business Type you select.
Business Representative Share the details of the individual engaged in the direction and control of the business. Enter their details and submit the requested documents for verification.
Business Owners Provide the details and documents of all the business owners with significant ownership (10% or more) in your business.
Branding and Public Information Provide a payment descriptor for customers to identify payments from you and a customer support helpline for them to contact you.
Bank Account Share the details of the bank account in which your payout should be deposited.

Once done, you will be redirected to Zoho Books. Here, you can view the details of your Zoho Payments account, like your Account Status and Account ID, and configure your settings.

Learn more about setting up Zoho Payments.

Note: It might take up to 2 days for a new Zoho Payments account to be verified and activated.

Collect Customer Payments

Enable Payment Options

Your customers can pay you through Zoho Payments if you’ve enabled Zoho Payments as a payment option in your invoices.

Note: You can enable Zoho Payments as a payment option only after the account is active.

To enable:

Note: If you select multiple payment gateways, the last configured payment gateway will be used by default to receive payments.

Your customers can pay you through the payment methods enabled in Zoho Payments.

Receive Payments from Customers

After you’ve enabled Zoho Payments in the payment options, your customers can pay through the shared link or the customer portal.

To make payments, your customers will have to:

Insight: Customers can also make payments from the invoices list page in the customer portal.

Once the payment is successful, you will receive an email regarding the online payment made by your customer, and the invoice’s status will be marked as paid. The payment will be settled in your bank account during the next payout.

Edit Zoho Payments Settings

If you want to update the account details or payment methods, you can edit the settings.

Note: You might be requested to submit additional details or documents to verify the updated business or individual details.

To edit:

Zoho Payments’ settings will be updated.

Disable Zoho Payments

If you don’t want your customers to pay you through Zoho Payments, you can disable Zoho Payments.

Warning: Zoho Payments is synced across your Zoho Finance apps, so disabling it in one app will disable it in all other Zoho Finance apps.

To disable:

Zoho Payments will be disabled in Zoho Books.

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