- An innovative feature launched for the convenience of users
- The feature is also useful for budget management and maintaining financial discipline
India’s leading digital payments and financial services company Paytm has launched an innovative feature for the convenience of its users. ‘Reminder’ feature. With this new facility, payment of regular expenses like tuition fee, EMI, house rent, electricity bill, salary of employees, subscription will now be easier and more convenient.
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Paytm’s feature automatically identifies recurring transactions by analyzing users’ payment history, and suggests setting reminders based on that. Hence, the payments which are made on certain dates every month, are not likely to be forgotten next time.
In addition, the app provides a consolidated view of all upcoming and completed payments, allowing users to plan their spending better. This feature will also be helpful for budget management and maintaining financial discipline.
To set a reminder:
- Open the Paytm app and go to the “To Mobile” section.
- There select “Reminders” tab.
- Accept the suggested reminders or create your own by tapping “Create New”.
- Enter date, contact and purpose of payment and tap on “Set Reminder”.
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A notification will come from Paytm on the scheduled day, so that no bill, fee or EMI will be missed.
This new feature of Paytm will help the users to manage their expenses smartly, control the budget and complete every transaction on time. So “Forgot Payment!” This phrase is now slowly becoming history.
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