- Delivers timely alerts for tuition, household salaries, and other recurring payments, with advance notifications that reduce the risk of missed due dates
- Strengthens Paytm’s suite of everyday money management innovations by enabling proactive planning and smarter oversight of recurring commitments
- Helps individuals maintain better control over financial obligations with consolidated tracking and the ability to personalize reminders with payment tags
Paytm (One 97 Communications Limited), India’s full stack merchant payments leader serving MSMEs and enterprises, and a leading financial services distribution company, today announced the launch of ‘Reminders’, an innovation designed to help individuals better manage recurring expenses through timely alerts and consolidated tracking.
With Reminders, Paytm delivers advance notifications for regular commitments such as tuition fees, rent, and household salaries, reducing the risk of missed due dates. The technology intelligently identifies requent payments and suggests setting payment reminders, while also allowing personalization with payment tags for clear identification of specific obligations. It also keeps track of all pending and completed payments, giving individuals the flexibility to review or delete reminders as needed.
The new innovation also provides a single view to track and review all reminders, enabling proactive planning and smarter oversight of financial commitments. By simplifying the process of managing recurring outflows, Paytm continues to strengthen its position as the pioneer of mobile payments and a trusted enabler of everyday financial solutions.
Paytm spokesperson said, “We have introduced Reminders to help individuals stay on top of recurring expenses with timely alerts and consolidated tracking. Our purpose is to simplify money management by reducing the risk of missed due dates and offering better control over financial commitments. This reflects our focus on using innovation to make everyday money management easier and more reliable.”
How to set a reminder on Paytm:
1. Open the Paytm App and go to ‘To Mobile’ section
2. Tap on the ‘Reminders’ tab
3. To create a new reminder, either select from suggested reminder list or tap on ‘Create New’ button
4. Select on the contact and date on which you wish to be reminded and specify a payment purpose (optional)
5. Click ‘Set Reminder
6. Once enabled, Paytm will send reminders notification on the payment due date to ensure payments are made on time
Paytm, India’s most trusted payments app, has consistently introduced innovations that improve efficiency and accessibility in mobile payments. It recently launched spend categorization with a smart Monthly Spend Summary to help track and manage finances with ease. Alongside this, Paytm offers personalised UPI IDs to ensure privacy, the ability to hide or unhide transactions, downloadable UPI statements in Excel or PDF format, home screen widgets such as ‘Receive Money’ for faster payments, and a consolidated view of total balance across all UPI-linked bank accounts.
