Paytm Launches Split Bills This Friendship Day to Help Friends Track, Split and Settle Shared Expenses

We have launched Split Bills on the Paytm app this Friendship Day, helping friends track, split and settle shared expenses in one place. Designed for friend groups, college students, Gen Z and young professionals, it helps manage shared spending across road trips, birthday celebrations, weekend brunches, movie nights, online food orders, shopping and other group plans.

Shared moments should be remembered, not spent calculating who owes whom. With Paytm Split Bills, friends can create a group, add every shared expense and settle dues through Paytm UPI, keeping the complete group expense history together on the Paytm app.

What is Paytm Split Bills?

Paytm Split Bills is a new feature on the Paytm app that helps friends manage group expenses and settle dues through Paytm UPI. Friends can create a group, add each expense and choose whether to divide it equally, by exact amount, shares or percentage.

The group summary shows the total amount spent, each person’s share, pending balances, amounts to pay or receive and recent activity. Payment reminders can be sent directly from the Paytm app, while dues can be settled through Paytm UPI with the amount and recipient details already filled in.

Unlimited Expense Entries at No Cost

Paytm Split Bills offers unlimited expense entries at no cost, without entry limits, paid upgrades or additional charges. Friends can create groups and add unlimited shared expenses for trips, meals, movies, shopping, fuel and other group plans.

Expenses paid through Paytm UPI, other payment apps, cash, cards or any other method can be recorded in the same group, keeping the complete shared expense history together. Payments settled separately can also be marked as received.

Split Expenses Your Way and Settle Through Paytm UPI

Every group is different, and so is the way friends share costs. With Paytm Split Bills, expenses can be split equally, by exact amount, shares or percentage, with a clear view of who needs to pay or receive money.

• Track shared expenses: Record expenses paid through Paytm UPI, other payment apps, cash or cards in one place.
• Split expenses flexibly: Divide each expense equally, by exact amount, shares or percentage.
• Settle dues instantly: Settle dues through Paytm UPI with the amount and recipient details already filled in, or mark payments as received.
• Send payment reminders: Send payment reminders directly from the Paytm app to keep balances clear.

“Shared moments should be remembered, not spent calculating who owes whom. Paytm Split Bills gives friends a simple way to manage group expenses and settle dues through Paytm UPI, while helping us build Paytm as a financial life app for India,” said Paytm spokesperson.

How to Use Paytm Split Bills

Getting started with Paytm Split Bills takes only a few steps. Here is how to split and settle shared expenses on the Paytm app:

• Open the Paytm app, go to the ‘Pay Anyone’ section and tap ‘Split Bills’.
• Create a new group or select an existing group.
• Add contacts, enter the group name and select the group type, such as trip, home, couple or others.
• Tap ‘Add Expense’, enter the amount and choose a category such as food, groceries, travel, bills, shopping, fuel or entertainment.
• Select who paid and divide the expense equally, by exact amount, shares or percentage.
• Review pending balances and send payment reminders from the group summary.
• Settle dues through Paytm UPI or mark payments as received.

Bringing Payments and Money Management Together

The launch expands our financial life app proposition by bringing payments and money management together in one place. The Paytm app also offers Spend Summary for clearer spending insights, Hide Payments for greater privacy, Download UPI Statement for easier payment records and smartphone home screen widgets for faster access to send and receive money. We also give Gold Coins on every payment, redeemable into real gold.

This Friendship Day, Paytm Split Bills brings the convenience of Paytm UPI to group spending, helping friends track, split and settle shared expenses with confidence on the Paytm app.