PayU associates companies dealing with online payments in 16 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.
According to the research report by Ernst and Young titled "Rebirth of e-Commerce in India", the e-Commerce market in India has enjoyed phenomenal growth of almost 50 percent in the last five years. Although the trend of e-Commerce has been making rounds in India for 15 years, the appropriate ecosystem has now started to fall in place.
MUMBAI | Online card payments are growing by leaps and bounds and are set to overtake physical card transactions in some years. At present, one in four card transactions in India takes place online and the number has been growing at 50% year on year as against the 35% growth in 'card present' transactions.
MUMBAI | The National Payments Corporation (NPCI) launched its e-commerce solution named 'RuPay PaySecure' that will enable all RuPay card holders to make online payment.
ATLANTA | Acculynk, the first global PIN-debit authentication gateway, is now offering U.S. merchants the capability to accept China Union Pay PIN debit cards on their Chinese websites using the PaySecure International graphical PIN pad for UPOP authentication.
INDIA, NEW DELHI | MobiKwik, India’s fastest growing mobile wallet player, announced last month that it became India’s first mobile consumer wallet by adding online and mobile shopping to its existing portfolio of services such as recharge for prepaid and post-paid mobile, television, data cards and bill payments for broadband/landline phones, electricity, gas and insurance.
WATERLOO | MasterCard and Worldline, Atos subsidiary for e-payment services, announced today their extended partnership on the integration and deployment of MasterPass™ in Germany. Last October, Worldline and MasterCard pre-announced to deploy MasterPass in all countries in which Worldline operates including France, Belgium, Netherlands, Luxembourg, UK, Spain, Germany, India and other Asian ecommerce markets.
NEW DELHI | Indian Digital wallet services company MobiKwik announced the launch of mobile wallet services for Windows phones in a joint effort with Technology giant Microsoft. Started in 2009, MobiKwik is a digital wallet service in India with a turnover of around Rs 200 crore and has about 3 million users in India.
NEW DELHI | MobiKwik, India’s fastest growing mobile wallet player, announced reaching the One million downloads milestone for its mobile wallet App on the Android platform. This makes MobiKwik the first consumer wallet company to achieve this milestone in its category. Mobikwik offers cash back on Android App to celebrate the milestone and allocates Rs.1 million for campaign.