UPI registers 16.58 billion transactions worth Rs 23.5 trillion in October
The transactions in October were the highest numbers for the digital system since it became operational in April 2016.
Paytm on Wednesday has announced the launch of a new UPI statement download service.
This innovative service empowers users to monitor and manage their spending by allowing them to easily access their transaction records for any date range or financial year in a simple, downloadable PDF format.
The company said it will introduce the Excel format soon.
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The UPI statement download is located within the “Balance & History” section, where users can select their desired date range and download statements with just a few clicks.
These statements are easy to save, share, and use for tasks such as tax filing and expense tracking, providing added convenience and flexibility.
“Our commitment to advancing mobile payments drives us to offer services that simplify financial management and provide convenience for our users. With the UPI statement download, we innovate to offer easy access to transaction history, empowering users to make informed financial decisions,” Paytm spokesperson said.
As digital payments gain popularity, this functionality meets the evolving needs of Paytm users who seek transparency and efficiency in financial management, the company said in its statement.
With the UPI statement download, users can access detailed transaction records, including transaction amounts, recipient details, bank accounts used, and timestamps, all in a clear, user-friendly format.
This service is particularly valuable for tracking spending, budgeting, maintaining comprehensive financial records, and efficient tax filing, supporting effective financial management and informed decision-making, it said.
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