How to track UPI expenses in one place

• Paytm tags the payments you make through it by category and shows a monthly spend summary, and lets you download UPI statements as Excel or PDF, as it announced in September 2025.
• Google Pay keeps a transaction history, and since July 2026 has offered Ask Google Pay, an opt-in assistant that answers questions about your spending from your Google Pay history.
• PhonePe keeps a history of the payments made through it.

These cost nothing and need no setup. If you pay with one app almost every time, its own summary may be all you need. The limit is the same for all three: each sees only its own payments, so the total is only right if that app is the only way you pay.

Bank SMS

A tracker reads the debit and credit alerts your bank sends. Covers every UPI app and every card on that account, needs no bank login, and updates as you spend. Misses any payment the bank sends no SMS for.

Account Aggregator

An app fetches transactions from your bank through the RBI's consent framework. Complete, including payments with no SMS, and works on iPhone. Needs an account with that app, which processes your data on its servers.

Statements

You download a statement from your bank, or a UPI statement from the app, and read it in a spreadsheet. Nothing to trust and nothing automatic: it tells you about last month, after the money is spent.

This is how Skimp works, and the steps are much the same in any SMS-based tracker.

1. Check that your bank texts you. Look in your inbox for debit alerts from your bank after a UPI payment. If they are there, SMS tracking will work.
2. Install a tracker and grant SMS access. Before you do, run the five checks on any app that asks for it.
3. Import your history. The tracker reads the bank alerts already in your inbox, so past months appear without typing.
4. Clear the review queue. Anything the app was unsure about waits for you to confirm or correct. In Skimp, a correction teaches it that message format.
5. Set a budget. A monthly limit with an alert is what turns a list of payments into something you act on before the month ends.

Payments between your own accounts should be marked as transfers, so moving money from savings to a wallet does not count as spending twice.

• Small payments at some banks. HDFC Bank stopped sending SMS alerts for UPI payments up to ₹100 and receipts up to ₹500 in June 2024. Those need a manual entry, or a tracker that also reads email or uses Account Aggregator.
• Cash. No automatic method sees it. An ATM withdrawal is captured; what you did with the notes is not.
• Wallet balances. A payment from a prepaid wallet is not a debit on your bank account, so the bank sends nothing. Loading the wallet is captured.
• iPhones. iOS does not let apps read SMS. On an iPhone the options are Account Aggregator apps, statements, or manual entry.

• You pay with one app and want a rough monthly number: that app's own summary.
• You use several apps and cards on Android, and want it private: a bank SMS tracker that keeps data on the phone.
• You use an iPhone, or want nothing missed and do not mind an account: an Account Aggregator app.
• You only want to review once a month: statements and a spreadsheet.

The apps that take each approach are set side by side in the comparison of expense trackers, and the banks Skimp recognises are on supported banks.