Paytm, the digital funds firm, launched a brand new unified funds interface (UPI) function on Wednesday. The brand new function, dubbed UPI assertion obtain, permits customers to get an in depth assertion of their transaction historical past for the specified interval. The service is out there to all customers with none value. The corporate highlighted that the function will allow customers to each preserve 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 Characteristic
In a press launch, the One97 Communications-owned model detailed the brand new UPI assertion obtain function. With this function, customers can simply generate an in depth doc containing information of their transaction historical past. The main points may be downloaded for any date vary in addition to your complete monetary 12 months with a couple of easy steps.
The generated assertion is out there 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 function exhibits data comparable to transaction quantities, recipient particulars, financial institution accounts used, and timestamps.
Paytm said that the function is useful for each holding monitor of expenditures, and sustaining monetary information, in addition to throughout the tax submitting course of. The latter can come in useful if customers make enterprise bills by way of UPI or use chartered accountants to fill out their taxes.
To make use of the function, customers might want to open the Paytm. Within the app, customers will discover the “Stability & Historical past” possibility on the house display screen. There, customers can faucet on the obtain icon represented by a downward arrow and select from one month, three months, six months, one 12 months, and customized date ranges. There may be an possibility to choose monetary years as nicely. Gadgets360 workers members have been capable of check out the function.
Saying the function, a Paytm spokesperson stated, “With the UPI assertion obtain, we innovate to supply quick access to transaction historical past, empowering customers to make knowledgeable monetary selections.”