Home > Archive by tag 'PayU India'

Posts Tagged ‘ PayU India ’

Naspers set to acquire Citrus Pay for up to $180 mn

Monday, August 8, 2016 | More »

South African media and Internet conglomerate Naspers Ltd is set to acquire Mumbai-based online payments company Citrus Payments Solutions Pvt. Ltd in an all-cash deal, at least two media reports said. The deal size could be between Rs 1,000 crore and Rs 1,200 crore ($150-180 million), according to ...


Spice Digital seventh non-bank entity to operate under Bharat Bill Payment System

Spice Digital Ltd (SDL), a subsidiary of Spice Mobility Ltd, has received an in-principle approval from the Reserve Bank of India (RBI) to operate under the Bharat Bill Payment System (BBPS). Spice Digital is one of the seven non-bank entities that got approval for the licence. The others are Oxigen...

22 June, 2016 | More »


Naspers-owned PayU India strengthens leadership team

Online payments and mobile wallet company PayU India Internet Pvt Ltd is strengthening its upper deck to expand leadership bandwidth and consolidate presence in global markets. McKinsey & Co’s Raj Kamal has joined the Gurgaon-based company as vice president of strategy while Sanjeev Sandhu has...

14 August, 2015 | More »


Naspers merges PayU India with global payments business

Naspers, which controls Gurgaon-based ibiboGroup, which runs a string of e-commerce platforms including Goibibo.com, redBus.in, Travelboutique Online and Tradus.com in India, has moved its payments business PayU India Internet Pvt Ltd to its global payments solution unit. As part of the transaction,...

13 February, 2014 | More »


PayUPaisa launches automated payment settlement solution for marketplaces & online aggregators

Gurgaon-based online payment solution firm PayU India Internet Pvt Ltd has launched a new offering called ‘All-in-One’ payment settlement solution, which it claims will reduce the payment settlement headaches of marketplaces (like Snapdeal and eBay) and online aggregators (who cumulates differe...

17 October, 2013 | More »


PayU India chief Nitin Gupta on top 5 trends in online payments industry

The online payments market in India is growing at a rapid pace. With a spurt of online retailers operating across various sectors such as travel, fashion & lifestyle, food, entertainment and utilities, this space is poised to grow even further and the emerging trends are bound to impact this sec...

21 December, 2012 | More »


PayU India launches IVR payment facility for merchants

Online payments company PayU India has launched its own interactive voice response (IVR) payment facility, which enables enterprises to accept payments from customers via telephone. Companies can cost-effectively acquire new customers beyond the online strata through IVR systems to cash in on the re...

19 December, 2012 | More »