Paytm launched a UPI statement download feature for users to track and manage expenses

Paytm, a digital payments company, has made it easier for consumers to track and control their costs by introducing a UPI statement download feature. With the goal of facilitating quick tax filing by offering comprehensive transaction histories, the new function provides downloadable statements in PDF format. Paytm intends to provide Excel format shortly in order to increase the feature's adaptability.

All UPI transactions may be viewed in detail with the UPI statement download feature, which is available via the Paytm app's "Balance & History" section. 

Users can create statements that show transaction amounts, recipient information, associated bank accounts, and timestamps by selecting particular date ranges, including whole fiscal years. By making it simpler to track spending, create budgets, and keep thorough financial records, this improvement is anticipated to satisfy users who want transparency and accuracy in financial management.

The latest UPI statement download from Paytm enhances its current line of online payment options. Peer-to-peer (P2P) transfers, which allow users to send money to both individuals and merchants via multiple UPI apps, are among the UPI functionalities that the platform offers. 

To help users keep their bank statements clear, the site has also implemented UPI Lite for modest transactions under Rs 2,000.