Paytm, the digital funds firm, launched a brand new unified funds interface (UPI) characteristic on Wednesday. The brand new characteristic, dubbed UPI assertion obtain, permits customers to get an in depth assertion of their transaction historical past for the specified interval. The service is offered to all customers with none price. The corporate highlighted that the characteristic will allow customers to each maintain monitor of their bills in addition to help them when submitting taxes. Notably, the Nationwide Funds Company of India (NPCI) allowed Paytm to onboard new UPI customers.
Paytm Launches UPI Assertion Obtain Function
In a press launch, the One97 Communications-owned model detailed the brand new UPI assertion obtain characteristic. With this characteristic, customers can simply generate an in depth doc containing data of their transaction historical past. The main points will be downloaded for any date vary in addition to your entire monetary yr with just a few easy steps.
The generated assertion is offered in PDF format, and the corporate highlighted that an possibility for the Excel file format will likely be added quickly. Paytm’s UPI assertion obtain characteristic exhibits info equivalent to transaction quantities, recipient particulars, financial institution accounts used, and timestamps.
Paytm acknowledged that the characteristic is useful for each preserving monitor of expenditures, and sustaining monetary data, in addition to throughout the tax submitting course of. The latter can turn out to be useful if customers make enterprise bills by way of UPI or use chartered accountants to fill out their taxes.
To make use of the characteristic, customers might want to open the Paytm. Within the app, customers will discover the “Steadiness & Historical past” possibility on the house display. There, customers can faucet on the obtain icon represented by a downward arrow and select from one month, three months, six months, one yr, and customized date ranges. There’s an possibility to choose monetary years as effectively. Gadgets360 workers members have been in a position to check out the characteristic.
Saying the characteristic, a Paytm spokesperson mentioned, “With the UPI assertion obtain, we innovate to supply easy accessibility to transaction historical past, empowering customers to make knowledgeable monetary choices.”
