Paytm Introduces Total Balance Check for UPI-Linked Bank Accounts with Real-Time Balance Display

Biznextindia : Paytm (One97 Communications Limited), India’s leading payments and financial services distribution company and pioneer of mobile payments, QR codes, and Soundbox, now enables users with multiple bank accounts linked for UPI on the Paytm app to view their total bank account balance in one place, without the need for manual addition or switching apps. It simplifies financial management by providing a consolidated view of funds and also displays individual bank account balances for a more detailed understanding of finances.

Earlier, account holders had to check the balance of each bank account separately and manually calculate the total. With this enhancement, Paytm securely fetches individual bank balances after UPI PIN verification and instantly displays the total balance upfront, making fund management simpler and faster. The service is available to users who have linked their bank accounts for UPI on the Paytm app, and is especially useful for those who maintain multiple accounts for savings, spending, or salary credit and often lose visibility into their overall finances.

“We believe in simplifying financial management through continuous innovation. With Total Balance View, users who have linked multiple bank accounts for UPI on the Paytm app can effortlessly check both total and individual bank balances. This makes it easier to track expenses, plan spends, manage savings, and make informed financial decisions” said a Paytm Spokesperson.