Payu India news and trends

PayU India Rolls out Tools for Merchants
B2B Payments // September 05, 2023

PayU India has introduced new tools to help businesses address various payment challenges. The online payments company’s CommercePro stack, announced Tuesday (Sept. 5), is designed to help merchants deal with issues like cart abandonment and scalability troubles. “This comprehensive toolkit, fueled by Indian innovation and technology built out...

LazyPay Temporarily Halts BNPL Offering Because of Regulatory Concerns
Buy Now Pay Later // July 05, 2022

LazyPay, the lending arm of PayU India, is halting its support of its buy now, pay later (BNPL) product LazyPlus UPI until regulators sort out questions about the platform’s issues among card-based FinTechs, according to an Economic Times report Tuesday (July 5). LazyPay launched LazyPlus...

PayU India Chief Now Payments Provider Pine Labs CEO
Personnel // March 03, 2020

Amrish Rau, former PayU India head, has joined payment solutions provider Pine Labs as its new chief executive officer, according to Deal Street Asia. Rau is replacing outgoing CEO Vicky Bindra. After a two-year run on the job, Bindra decided to move back to San...

Quick Reads
Report: PayU Indian IPO Could Value Company at $7 Billion

October 10, 2023
Payments company PayU is reportedly planning to go public in India next year. As Reuters reported Tuesday (Oct. 10), PayU plans to seek regulatory approval in February for an initial public offering (IPO) worth at least $500 million, according to sources with direct knowledge. The sources told Reuters the IPO could value PayU at between $5 billion and […]

PayU India Rolls out Tools for Merchants

September 05, 2023
PayU India has introduced new tools to help businesses address various payment challenges. The online payments company’s CommercePro stack, announced Tuesday (Sept. 5), is designed to help merchants deal with issues like cart...

LazyPay Temporarily Halts BNPL Offering Because of Regulatory Concerns

July 05, 2022
LazyPay, the lending arm of PayU India, is halting its support of its buy now, pay later (BNPL) product LazyPlus UPI until regulators sort out questions about the platform’s issues...

PayU India Chief Now Payments Provider Pine Labs CEO

March 03, 2020
Amrish Rau, former PayU India head, has joined payment solutions provider Pine Labs as its new chief executive officer, according to Deal Street Asia. Rau is replacing outgoing CEO Vicky...