New Delhi: Paytm has rolled out a new feature called Reminders that allows users to set alerts for recurring expenses such as rent, tuition fees, and salaries. The move comes as digital payment platforms increasingly expand their offerings to support everyday financial management and improve user convenience.
The feature provides advance notifications before due dates, helping individuals avoid missed payments. It also consolidates pending and completed reminders in one place, allowing users to review, edit, or delete them as needed. Alongside standard reminders, Paytm’s system detects frequent transactions and suggests adding them to the reminder list. Users can also personalize reminders by tagging payments for easy identification.
To set a reminder, users need to access the ‘To Mobile’ section of the Paytm app, open the ‘Reminders’ tab, and either choose from suggested options or create a new one by selecting the recipient, date, and purpose. Notifications are then sent on the due date to prompt timely payments.
The launch comes at a time when mobile payment platforms are integrating more financial tracking tools to attract users who want greater control over expenses. Recently, Paytm introduced features such as spend categorization, a monthly spend summary, and downloadable UPI statements. It also offers privacy options like personalized UPI IDs and the ability to hide or unhide transactions.
Industry analysts note that such tools reflect the growing shift in digital payments from being purely transactional to becoming comprehensive platforms for managing day-to-day financial obligations. Paytm’s Reminders appears to be a step in this direction, positioning the app as not just a payment gateway but also a tool for better financial planning.
Also Read:
OpenAI Plans First ChatGPT Hardware Device by 2027, Draws on Apple Supply Chain