Paytm Launches Split Bills Feature for Shared Expenses

One 97 Communications Ltd (Paytm) has launched 'Paytm Split Bills' on its app, a new feature designed to help friends track, split, and settle shared expenses. The tool allows users to create groups, add unlimited shared expenses for various activities like trips, meals, and shopping, and split costs equally, by exact amount, shares, or percentage. It provides a clear view of who owes whom and facilitates settlement through Paytm UPI. The feature supports recording expenses paid via Paytm UPI, other payment apps, cash, or cards, consolidating all shared expense history in one place. This launch aims to enhance Paytm's proposition as a financial life app by integrating payments and money management.