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  • No respite from recurring payments disruption even a month after new norms kick in Nov 04, 2021 08:16 AM IST

    No respite from recurring payments disruption even a month after new norms kick in

    Banks, payment aggregators and card companies had until September 30 to cancel standing instructions for recurring payments.

  • PhonePe introduces tokenisation solution ahead of RBI’s December 31 deadline Nov 02, 2021 01:57 PM IST

    PhonePe introduces tokenisation solution ahead of RBI’s December 31 deadline

    PhonePe SafeCard will allow the company’s merchant partners to create, process, delete and modify tokens for online card payments and use tokenisation on their own platforms via APIs.

  • PayU launches tokenisation solution 'PayU Token Hub' with Visa, Mastercard Oct 28, 2021 01:43 PM IST

    PayU launches tokenisation solution 'PayU Token Hub' with Visa, Mastercard

    RBI has disallowed businesses, payment aggregators and acquiring banks from storing customers' credit/debit/prepaid card data.

  • PayU-backed Fisdom enters online stockbroking, aims to be among top 5 Oct 21, 2021 05:00 PM IST

    PayU-backed Fisdom enters online stockbroking, aims to be among top 5

    Wealth management platform Fisdom is entering online stockbroking, dominated by the likes of Zerodha, Groww, Upstox and Angel Broking. It hopes to gain a million customers in a year, benefiting from the segment’s rapid growth.

  • Scale key to leveraging India’s digital payments potential, says PayU India CEO Sep 03, 2021 06:16 PM IST

    Scale key to leveraging India’s digital payments potential, says PayU India CEO

    CEO Anirban Mukherjee says PayU, having acquired BillDesk for $4.7 billion, will continue to follow a mix of organic and inorganic strategies in pursuit of growth

  • PayU to acquire BillDesk for $4.7 billion: Prosus Aug 31, 2021 12:19 PM IST

    PayU to acquire BillDesk for $4.7 billion: Prosus

    The acquisition brings Prosus' cumulative investment in Indian tech to over $10 billion.

  • PayU, Alpha Wave Incubation lead $12 million investment round in Indiagold Aug 27, 2021 11:01 AM IST

    PayU, Alpha Wave Incubation lead $12 million investment round in Indiagold

    With this round, Indiagold has raised a total of $14 million. Other investors include Leo Capital, Better Tomorrow Ventures, 3one4 Capital and Zerodha-backed Rainmatter Capital.

  • Naspers-backed PayU in race to buy BillDesk; set to be 2nd largest Indian internet deal after Walmart-Flipkart acquisition Jul 05, 2021 11:27 PM IST

    Naspers-backed PayU in race to buy BillDesk; set to be 2nd largest Indian internet deal after Walmart-Flipkart acquisition

    BillDesk’s processing network is used by India's largest banks and companies from telecom, insurance, utilities, financial services, education, entertainment and e-commerce businesses. PayU is a fintech company that provides payment technology to online merchants.

  • 'DotPe' secures $27.5 million series A funding from PayU, Info Edge Ventures and Google Mar 26, 2021 05:34 PM IST

    'DotPe' secures $27.5 million series A funding from PayU, Info Edge Ventures and Google

    In the last 12 months, over 5 million Indian consumers have switched to the hassle-free way of ordering and buying from DotPe's merchants using its platform.

  • PayU ties up with Google Pay to introduce tokenised payments flow for merchants Dec 18, 2020 04:41 PM IST

    PayU ties up with Google Pay to introduce tokenised payments flow for merchants

    Google Pay users will now get an option to pay a PayU merchant with their debit cards, credit cards, or Google Pay UPI without physically sharing their card details if they are making repeated payments.

  • PayU announces new initiatives to support businesses amid COVID-19 pandemic Apr 06, 2020 08:13 PM IST

    PayU announces new initiatives to support businesses amid COVID-19 pandemic

    At a time when SMBs are in critical need to be digitally ready, PayU is offering to build a free website for any merchant's business with a built-in payment gateway & get 100% TDR waiver on the first INR 50,000 worth of business done via PayU.

  • PayU to acquire controlling stake in PaySense, merge it with LazyPay Jan 13, 2020 08:05 PM IST

    PayU to acquire controlling stake in PaySense, merge it with LazyPay

    PayU’s unified digital credit platform will enable banks, NBFCs and alternate lenders to co-lend and grow assets, and will also enable borrowers to access credit in a digital and seamless way.

  • PayU acquires credit startup PaySense Jan 10, 2020 04:48 PM IST

    PayU acquires credit startup PaySense

    Will merge it with 'buy now pay later’ entity LazyPay​.

  • PayU picks up minority stake in Fisdom, leads $11 mn financing round Oct 30, 2019 07:13 PM IST

    PayU picks up minority stake in Fisdom, leads $11 mn financing round

    'PayU leads the fresh round of investment worth $11 million through the acquisition of a minority stake in the company,' a statement said.

  • Buy, sell or wind up – small digital payments firms face harsh reality Oct 25, 2019 12:56 PM IST

    Buy, sell or wind up – small digital payments firms face harsh reality

    Consolidation is unavoidable in India's payments space. Smaller firms like MobiKwik will struggle because India’s digital payments business is still dominated by cashback offers.

  • DotPe, in talks with Naspers Fintech for $5 mn, likely to get $10 mn from PayU, Fosun: Reports Sep 19, 2019 11:22 AM IST

    DotPe, in talks with Naspers Fintech for $5 mn, likely to get $10 mn from PayU, Fosun: Reports

    Several angel investors are also likely to participate in the funding, which is expected to close in a few weeks.

  • PayU targets to disburse $1billion worth of credit by 2023 May 31, 2019 09:54 PM IST

    PayU targets to disburse $1billion worth of credit by 2023

    India is a highly under-penetrated market for digital payments with just over 10 percent of personal consumption expenditure being transacted digitally and Indian digital payments are expected to touch $1 trillion by 2023.

  • Payments market has come 180 degrees, says PayU's Jitendra Gupta Nov 21, 2018 12:28 PM IST

    Payments market has come 180 degrees, says PayU's Jitendra Gupta

    Priyanka Sahay is in conversation with Jitendra Gupta to understand the evolution of digital payments in India.

  • PaySense raises $18 million in Series B round led by PayU Jul 20, 2018 02:33 PM IST

    PaySense raises $18 million in Series B round led by PayU

    PaySense targets to become the leading risk assessment provider for over 160 million Indian households, currently underserved by traditional credit avenues.

  • Hungry Kya? Now use Sodexo coupons to order a meal online Nov 16, 2017 06:47 PM IST

    Hungry Kya? Now use Sodexo coupons to order a meal online

    Sodexo, a benefits and rewards firm for corporate employees currently claims to have about 45,000 merchants in India.

  • We'll see more exits in Indian startups in 2018: Signal Hill's Klaas Oskam Nov 14, 2017 05:46 PM IST

    We'll see more exits in Indian startups in 2018: Signal Hill's Klaas Oskam

    The Baltimore- headquartered firm has been active in India since 2012 and has conducted marquee transactions across companies such as Flipkart and South Africa's conglomerate Naspers.

  • IRCTC users will now be able to use PayU for online payments Sep 11, 2017 06:55 PM IST

    IRCTC users will now be able to use PayU for online payments

    The country's rail ticketing site was earlier plagued with issues such as drop-offs at checkout, which PayU will have to solve...

  • Mswipe to merge PayU's offline POS division into its existing operations May 16, 2017 07:29 PM IST

    Mswipe to merge PayU's offline POS division into its existing operations

    Mswipe claims that the last one year, transaction value on its network has grown four times while the number of installations has grown three times

  • ALTBalaji partners PayU for payment options Apr 20, 2017 02:50 PM IST

    ALTBalaji partners PayU for payment options

    Payment options provided through PayU Biz are Credit Card, Debit Card, Net Banking, Itz Cash, Yes Pay, Ypay, PayU Money wallet and UPI.

  • PayU plans Digibank, aims $100 mn revenue by March 2018 Mar 26, 2017 03:34 PM IST

    PayU plans Digibank, aims $100 mn revenue by March 2018

    PayU at present provides financial technology to merchants for facilitating online payments.

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