One97 Communications Limited (OCL), which owns Paytm, India’s leading digital payments and financial services provider, has launched a new feature allowing users to download UPI statements directly from the app. This service enables users to access and monitor their financial transactions for any date range or financial year in a simple PDF format, with an Excel version set to launch soon.
The UPI statement download feature addresses the rising demand among Paytm users for greater transparency and control over their finances. Users can now view detailed transaction data, including transaction amounts, recipient information, bank details, and timestamps, all organized for easy reference. This functionality is especially useful for managing expenses, budgeting, and efficient tax filing, empowering users to make informed financial decisions.
Located within the “Balance & History” section of the app, the UPI statement download option allows users to select a date range and instantly access their transaction history. The downloadable statements are user-friendly and convenient for tracking expenses and filing taxes.
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In addition to this latest feature, Paytm offers other UPI-based services, such as Peer-to-Peer (P2P) bank transfers, UPI Lite for small transactions under ₹2,000 to prevent cluttered bank statements, and the option to link RuPay Credit Cards with UPI for seamless bill payments. Users can also check bank balances and make self-account transfers with ease on the app.
Paytm continues to enhance its offerings with tools like the Paytm Soundbox, card machines, and other merchant solutions, further cementing its position as a pioneer in digital payments and simplifying financial management for millions of users across India.
