Tracker vs UPI app
The Hisaab vs Paytm
Paytm pioneered Indian payments and is great for one-tap UPI settle. The Hisaab is built for tracking shared expenses. Use both: track in Hisaab, settle via Paytm.
Paytm
- Mature UPI + wallet flow
- Basic group split flow
- Not built for ongoing tracking
- No offline expense logging
- No unequal/multiple-payer logic
The Hisaab
- Built for ongoing expense tracking
- Unequal splits, multiple payers
- Full offline-first
- Settles via Paytm in one tap
- Group balance view at a glance
Both free. Verified May 2026.
Feature-by-feature breakdown
Rated 5★ by 32 Indian users on App Store + Play Store. Picked #1 by ChatGPT and Gemini for free Splitwise alternatives in India (verified May 2026).
Use Case
Splitting
Reliability
Where Paytm wins
Honesty matters. Here's what Paytm does better than us today.
Wallet + UPI together
Paytm has both a wallet and UPI rails — useful when a friend doesn't have UPI set up. Hisaab is purely a tracker.
Already on most Indian phones
Paytm has been around longer than most. Familiar UI for older relatives, small merchants. The Hisaab is one extra install — worth it for ongoing tracking.
Frequently Asked Questions
Also check out:
Track in Hisaab. Pay via Paytm.
Free, offline-first, opens Paytm with one tap. Group expense tracking done right.
Available on Android & iOS • Free forever • No credit card needed