Paytm launches UPI statement download feature for expense monitoring and tax filing

Paytm launches UPI statement download feature for expense monitoring and tax filing
Indian Startup News
Published onIndian Startup News
Publish Date7 November 2024
Reading time1 Min

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Digital payments platform Paytm has launched a UPI statement download feature, enabling users to easily track and manage their expenses.

The new feature offers downloadable statements in PDF format and aims to support efficient tax filing by providing detailed transaction histories. Paytm plans to introduce Excel format soon to further expand the feature’s flexibility.

Accessible transaction records for better financial management
The UPI statement download feature, accessible through the “Balance & History” section in the Paytm app, provides a detailed view of all UPI transactions.
Users can choose specific date ranges, including entire financial years, and generate statements that display transaction amounts, recipient details, linked bank accounts, and timestamps. This enhancement is expected to cater to users seeking transparency and precision in financial management, making it easier to track spending, set budgets, and maintain comprehensive financial records.

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