What is PayU Payments Private Limited in Gurgaon?

22 Jul 2024 By PAYCEC

PayU Payments Private Limited, the legal entity of PayU in India, has been available in India since 2011 as a leading payment solution in Gurgaon, a significant hub for technology and financial companies. PayU India is the flagship company of Naspers Group, a $25 billion internet and media conglomerate listed on the London and Johannesburg stock exchanges, respectively. It provides payment gateway solutions to online businesses through cutting-edge and award-winning technology.

In India, PayU serves over 450,000 merchants with several payment methods and is the preferred payment partner for nearly 60% of e-commerce merchants, including all leading e-commerce companies and most aviation businesses.

PayU allows users to pay with a variety of payment methods including credit cards, debit cards, online banking, and e-wallets. This has helped Indians buy, sell, and exchange quickly. In addition, when using PayU, users can also easily integrate it into their shopping website

Overall, PayU is a versatile payment gateway and is trusted by many businesses in India and all over the world. If you are not in the region where PayU is available, you can check out another powerful payment gateway. One of those candidates is PayCEC, a payment gateway with similar functions to PayU but much easier to use. Some features that online sellers need in payment gateways when participating in the global transaction market will be introduced below.

Multi-language and multi-currency support features are the two important factors for merchants from different countries. These features allow their customers to pay for their purchases without having to go through conversion steps, which often need several complicated procedures and compliance to get through.

Modern payment gateways need to have multi-channel payment functions such as POS systems, online payment platforms, mobile payments, etc to satisfy different customers’ demands. Moreover, since there are many types of credit cards, debit cards, online banking, e-wallets, and new payment methods such as Apple Pay, and Samsung Pay, the more payment channels can be integrated into one payment gateway system the better. Payment gateways need to ensure that all payment methods can be used to help customers have more opportunities to make online payments.

In addition, high security is also a criterion that any payment gateway needs to commit to its customers, to protect their private information and the reputation of the business as well. One of the best security certifications that a payment gateway should have is PCI-DSS Compliance.

Set up your shop with a reliable payment gateway that has features that are tailored to resolve your problems in order not to fail your customers' payment experience. Because online shopping needs are everywhere.