Payu news and trends

Visa Launches Partnerships to Promote Digital Payments in India
VISA // September 02, 2024

Visa is working with firms like Paytm and PayU to promote digital payments usage in India. The company unveiled the products and solutions at the center of these partnerships during the Global Fintech Fest 2024, Visa said in a Saturday (Aug. 31) news release. “These...

PayU Vet Mario Shiliashki Picked to Lead myPOS
Personnel // April 24, 2024

Small-business-focused payments/card solutions company myPOS has named Mario Shiliashki as its new CEO. Shiliashki, the company announced Wednesday (April 24) in a news release provided to PYMNTS, “brings a global view of payments, having worked across four continents for companies such as PayPal, Mastercard and...

PayU Receives RBI Authorization to Operate as Payments Aggregator
Aggregators // April 23, 2024

PayU has received in-principle authorization from the Reserve Bank of India (RBI) to operate as a payments aggregator. With this approval, the digital financial services provider can start onboarding new merchants to its platform, PayU said in a Tuesday (April 23) press release emailed to PYMNTS.  “This...

PayU Plots India IPO For Second Half of 2024
IPO // November 29, 2023

Payments company PayU plans to go public in India in the second half of next year. Ervin Tu, interim CEO of parent company Prosus, revealed that information Wednesday (Nov. 29) during an earnings call, per a report by Reuters. The company’s half-year earnings show that...

Interviews & Exclusives
Growing Online Payments Fraud Puts Retailer Data Security in the Spotlight

May 16, 2023
PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus on. Mario Shiliashki, Global Payments CEO at PayU, says retail will likely face another challenging year. Merchants must collaborate closely with their payments partners to enhance security, meet changing customer […]

Alternative Payment Methods Fuel Female-Owned Business Success in Emerging Markets

April 17, 2023
While much has been done to advance gender equality around the world, there is no debate that large gaps remain, especially in emerging markets. According to Orit Federlein-Doodai, head of...

South Africa’s RTP Scheme Hopes to Turn Highly Banked, Cash-Centric Consumers Into RTP Users

April 10, 2023
Compared to other African markets which have high levels of unbanked populations, more than 80% of South Africa’s population has access to a bank account. However, that access to financial...

Adidas, PayU and Mastercard Say Emerging Markets Remain Important Stepping Stones for Retail Growth

March 27, 2023
With the first quarter of 2023 almost a wrap and many developed markets stuck in the latest crisis — collapsing banks — a lot of the smart money is focusing where...

Quick Reads
CellPoint and PayU Team to Provide More Travel Payment Options

October 02, 2024
Payments orchestration firm CellPoint Digital partnered with payment services provider PayU GPO. The collaboration is designed to provide more payment options to travel merchants that work with the two companies, according to a Wednesday (Oct. 2) press release. “CellPoint Digital is a perfect partner for us to establish a strong foothold in the aviation sector,” […]

Visa Launches Partnerships to Promote Digital Payments in India

September 02, 2024
Visa is working with firms like Paytm and PayU to promote digital payments usage in India. The company unveiled the products and solutions at the center of these partnerships during...

PayU Vet Mario Shiliashki Picked to Lead myPOS

April 24, 2024
Small-business-focused payments/card solutions company myPOS has named Mario Shiliashki as its new CEO. Shiliashki, the company announced Wednesday (April 24) in a news release provided to PYMNTS, “brings a global...

PayU Receives RBI Authorization to Operate as Payments Aggregator

April 23, 2024
PayU has received in-principle authorization from the Reserve Bank of India (RBI) to operate as a payments aggregator. With this approval, the digital financial services provider can start onboarding new merchants to...