Digital payments giant Paytm has launched a new feature that allows users to download UPI statements directly from the app. This addition aims to make tracking expenses and preparing tax returns more manageable by offering transaction data in a clear, downloadable PDF format.
Paytm users can access the new download option for UPI statements in the ‘Balance & History’ section of the app. Here they can select specific date ranges or even entire financial years and generate detailed overviews with transaction amounts, recipient details, bank accounts used and timestamps. This data, presented in an organized format, supports users in monitoring their expenses, budgeting and managing financial data.
The UPI statement download service is expected to be especially useful for both individuals and tax professionals. This feature allows users to maintain comprehensive records, facilitating tax reporting and expense assessments.
A Paytm spokesperson emphasized that the service is designed to meet the needs of users who prioritize transparency and convenience in managing their finances. He said, “Our commitment to advancing mobile payments drives us to offer services that simplify financial management and provide convenience to our users. With UPI Statement download, we innovate to provide easy access to transaction history, thereby users can make informed financial decisions.”
In addition to this feature, Paytm continues to expand its offering with tools like UPI Lite for small transactions under ₹2,000, enabling clear bank statements.
The platform also supports linking RuPay credit cards with UPI, auto-pay for seamless bill payments and transfers to own accounts, strengthening its reputation as a comprehensive digital payments solution.