Does PayU work in Germany?

26 Jun 2024 By PAYCEC

Though PayU is involved in the fintech space investments in Germany through putting their huge amount of financial resources in Kreditech - a fintech company that is major in machine learning, the payment gateway provider has not yet stepped into the country with its main payment services. The possible reason can be that PayU is mainly focusing on emerging markets, while Germany is already a developed country with a very strong financial foundation. By the time of answering this question, PayU has been investing in the fintech industry in Germany for 10 years.

With flexible payment methods such as debit cards (debit cards around the world: Visa, Mastercard, Maestro, Discover,...) as well as bank payments, Germany allows people to buy and sell. and cross-border exchange is extremely convenient. Not only that, in this country there are also a number of special payment methods for in-person and online shopping services from bank accounts known as S-Einzug, Sofortüberweisung, Klarna and popular Especially Paypal e-wallet is of course accepted.

While PayU has not yet stepped into this well-established economy, you can choose for your business another trusted payment gateway provider partner, PayCEC for example. PayCEC has emerged as the best online banking payment gateway for websites that need quick integration with high security. Like PayU, PayCEC is known as a secure payment gateway and helps protect customers from hackers in the best way. Customers now no longer have to worry about losing language support because customer service and the platform will integrate and install as required. And finally, the PayCEC payment gateway also has demos and training for customers

Thanks to these advantages, PayCEC is also a competitor to PayU, with more special features for web sellers as well as for sellers looking for a payment gateway with the cheapest fees in the short term.