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What is PayUMoney payment?

Posted on December 29, 2022 by Author

What is PayUMoney payment?

PayUmoney is a mobile app which can be used to recharge, pay bills and keep all your spending organized in one place. The funds in PayUmoney can be transferred to your family and friends. Pay Electricity, Gas and Water Bills. Get Bill reminders. Repeat your favorite payments.

What is the use of PayUMoney?

PayUMoney is a payment solution for individuals and unregistered businesses in India. It is a payment gateway for websites and applications. Also, individuals may use it as an independent digital payment tool.

Who owns PayUmoney?

Naspers
In September 2016, PayU, owned by South African Internet conglomerate Naspers, had bought Mumbai-based rival Citrus Pay for $130 million (Rs 865 crore). Citrus has a highly successful payment gateway business. The joint entity has more than 30 million users. Gupta founded Citrus Pay in 2011 along with Satyen Kothari.

Which apps use PayUmoney?

PayUMoney is a payment app is adopted by several business houses in India which includes BookMyShow, Jabong, YEP ME, Amity University, Zomato, Travelyaari and so on.

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Is PayU a NBFC?

PayU is a fintech company that provides payment technology to online merchants. The company was founded in 2002 and is headquartered in Hoofddorp, Netherlands….PayU.

Type Private
Parent Naspers
Website corporate.payu.com

What are the benefits of using payumoney?

No setup fees. Pay 2.9\% of every transaction only. Receive fast and assured payments for your delivered products else get your money back! Track your PayUMoney transactions from My PayU dashboard, which will keep you updated on information on shipping details, transaction status, refunds and other details.

What is Payu and how does it work?

With PayU, you can accept online payments from across all channels and devices, through a single processing platform. You can collect payments on any website, mobile app, tablet or using any social app. While there are many channels of payment acceptance, all your transactions reconcile in one easy-to-use location — the PayU payment gateway.

How can I track my payumoney transactions?

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Track your PayUMoney transactions from My PayU dashboard, which will keep you updated on information on shipping details, transaction status, refunds and other details. With the help of PayUMoney’s dispute resolution team, avail of the teams tact and get your disputes resolved and your money back quickly.

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