Below you can find the special product and service features of this payment provider. Take this into account when choosing the payment provider to process your online payments.
There is more to just payment processing and pricing.
By processing payments with local acquirers, you can see as much as 40% higher approval rates.
Eliminate international transactions and FX fees as well as auto instalments by processing locally.
By offering local alternative payment methods, you can reach the whole market.
With local operations and and staff on the ground, you can optimize your sales in our markets by fully understanding local market dynamics.
PayU associates companies dealing with online payments in 17 countries. Due to trust of numerous customers and cooperation with the biggest online portals, PayU managed to gain an established position in most markets. The aim of PayU is to integrate existing online payment services and develop new ones as well as provide tools to facilitate e-commerce activity in the Web. We combine innovative solutions, security and technological reliability, offering considerable support for e-business. Our experience allows us to create efficient settlement tools.
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March 15, 2018 | India’s leading online payment service provider PayU and Kreditech, the leading group for digital consumer lending using machine-learning based underwriting technology, on 1. March 2018 launched the beta phase of PayU Monedo in India. PayU Monedo will provide cardless EMIs (equated monthly installments) to finance the online purchases of consumers in India. The new offering [...] Read more
31 October 2017 | Remitly, the largest independent digital remittance company in North America, today announced that it has agreed to raise up to $115 million in Series D funding, subject to applicable third party and regulatory approvals. The Series D financing will be led by Naspers’ fintech investment division PayU, a global online payment service provider. Existing Remitly investors Str [...] Read more
26 June, 2017 | PayU, the global online payment service provider, today announces the launch of its PayU Hub platform. PayU Hub, which conforms to API design principles, aims to use technology to solve the cross-border commerce challenges currently facing merchants looking to grow and scale in high growth markets.Through a single integration the PayU Hub provides merchants with acces [...] Read more
10 May 2017 | Kreditech, the leading technology group for digital consumer credit using machine-learning based underwriting, has closed a EUR 110 million investment from global online payment service provider PayU. The landmark investment is the largest ever equity investment in a German fintech company and builds on a successful 12-month pilot programme in Poland.As part of the deal, Kredi [...] Read more
5 April 2017 | In a move to revolutionize the online payments industry in the country, PayU launched ‘LazyPay’ in India – a first-of-its kind premium deferred payment facility for consumers. It is a product aimed at those who transact digitally for any amount between INR 500 and 2500, and is an option to pay later. The aim of the product is to drive faster purchase experiences and convenien [...] Read more
2 February 2016 | PayU, the global FinTech solutions provider, announced an investment of USD 3.7 million in the Series A, out of a total $6.5mn funding round, shares of ZestMoney, at a fully diluted pre-money equity valuation of $12.0mn, corresponding to a 20.0% stake in ZestMoney. San Francisco based Ribbit Capital and Omidyar Networks, existing investors in ZestMoney, are also participating in the [...] Read more
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