This New Paytm Feature Could Change the Way Friends Settle Bills

NOIDA — One97 Communications Limited (OCL), the parent entity owning the Paytm brand, officially announced the nationwide rollout of its "Split Bills" feature on Thursday, July 30, 2026. Integrated directly into the primary Paytm application, the digital utility enables users across India to calculate, divide, and track shared expenses among groups for dining, travel, rent, and utility payments. By pairing expense calculation directly with the Unified Payments Interface (UPI) rail, Paytm aims to streamline peer-to-peer (P2P) payment settlements and eliminate manual expense reconciliation for millions of daily smartphone users.

Functional Integration and UPI Payment Rails

According to product briefs released by One97 Communications, the Split Bills tool operates within the existing transfer and messaging interface of the Paytm app. Users can initiate a group expense entry, input the total transaction amount, and designate individual contributions—either through equal percentage splits or customized itemized amounts.

Once an expense is logged, the platform automatically generates individualized payment requests and dispatch notifications to selected contacts via UPI payment handles. Recipients receive direct in-app prompts and push notifications featuring embedded UPI links, allowing them to approve and settle their balance in a single transaction. The system maintains real-time ledger tracking, displaying pending and completed settlements for group administrators.

Competitive Positioning in India's UPI Ecosystem

The introduction of the Paytm Split Bills feature comes as digital payment operators in India seek to increase user engagement and transaction frequency across UPI networks. According to data published by the National Payments Corporation of India (NPCI), peer-to-peer transfers continue to represent a significant volume of total digital payment transactions across the country.

By embedding group expense management directly into its payment interface, Paytm enters direct competition with dedicated expense-tracking applications and existing feature sets offered by rivals such as PhonePe and Google Pay. Company analysts note that integrating financial ledger management alongside instant UPI settlements reduces drop-off rates associated with third-party expense calculation tools.

User Experience and Privacy Safeguards

To ensure compliance with regulatory standards set by the Reserve Bank of India (RBI) and NPCI, Paytm confirmed that all transactions processed through the Split Bills feature utilize standard multi-factor authentication, including mandatory UPI PIN verification for outbound transfers.

The feature does not charge additional transaction fees for group calculations or payment requests. Furthermore, users retain full control over group permissions, with options to block unwanted payment requests or leave shared expense groups at any time.

Official Sources Section

Information presented in this news article is sourced directly from corporate press statements issued by One97 Communications Limited, monthly transaction statistics published by the National Payments Corporation of India (NPCI), and regulatory guidelines maintained by the Reserve Bank of India (RBI).

Quote Section

"According to officials from One97 Communications Limited, the launch of the Paytm Split Bills feature addresses growing consumer demand for integrated group payment tools, simplifying expense tracking and instant UPI collection within a single digital ecosystem."

Why It Matters

For Indian consumers and young professionals, the Paytm Split Bills feature offers a streamlined method to manage group finances, dining receipts, and travel expenses without relying on separate accounting software or manual bank transfers. For the broader digital payments market, the tool deepens user engagement on the UPI network while strengthening Paytm’s core consumer application ecosystem.

Key Facts at a Glance

• Feature Name: Paytm Split Bills, integrated directly within the main Paytm mobile app.

• Core Function: Calculates shared expenses, assigns custom or equal shares, and collects payments via UPI.

• Parent Organization: One97 Communications Limited (OCL).

• Payment Mechanism: Utilizes NPCI's Unified Payments Interface (UPI) for instant settlement.

• Cost Structure: Free for all registered Paytm users with zero transaction surcharges.

FAQ Section

What is the new Paytm Split Bills feature?

The Paytm Split Bills feature is an in-app tool that allows users to divide shared expenses among friends, family, or colleagues and collect individual payments via UPI.

Do users need a separate app to access Split Bills on Paytm?

No. The feature is built directly into the existing Paytm mobile application under the payment and transfer sections.

Is there any fee for using the Paytm Split Bills feature?

No, using the expense calculation tool and sending payment requests via UPI is completely free of charge.

How are payments collected using the Paytm Split Bills tool?

Once a bill is split, individual group members receive push notifications and in-app requests containing a direct UPI payment link to approve and transfer their share immediately.

Source: One97 Communications Limited, National Payments Corporation of India, Reserve Bank of India