NPCI considers market share cap on digital payment platforms; Flipkart expands services in tier-II cities

Team TC

The National Payments Corporation of India is considering placing a limit on the market share of digital payments companies on ....

5 September, 2019

Consumer lending platform LazyPay offers credit via UPI, QR codes

Team TC

LazyPay, the consumer lending platform of digital payment firm PayU India, will allow users to access credit across offline merchants ....

29 August, 2019
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PayU India sees another top exit; Xiaomi’s Shunwei Capital may invest in Yulu: Reports

Binu Paul

Online payment company PayU’s India founder and managing director Shailaz Nag has resigned from the firm, The Economic Times ....

11 July, 2019

Citrus Pay co-founder Jitendra Gupta steps down as PayU India MD

Vijayakumar Pitchiah

Jitendra Gupta has stepped down as the managing director (MD) of India operations at online payment company PayU, a subsidiary ....

1 July, 2019

PayU may invest up to $150 mn in Amazon-backed Capital Float: Report

Binu Paul

Naspers-owned PayU Payments Pvt. Ltd is in advance stages of negotiations to invest up to $150 million (Rs 1,073 crore) in digital ....

19 February, 2019

After payments, PayU India to focus on consumer credit

Payal Ganguly

When an interim report last month by South African internet and media conglomerate Naspers indicated that more than $14 billion ....

8 January, 2019
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PayU India revenue for FY18 almost doubles

Payal Ganguly

Naspers-owned PayU Payments Pvt. Ltd almost doubled its revenue to Rs 588 crore for the financial year ended March 2018, according ....

26 December, 2018

Why India is the top market for Naspers-owned PayU

Binu Paul

India accounts for more than half of the total payment transactions for Naspers-owned PayU in the last six months, an interim ....

6 December, 2018

PayU gets RBI nod for NBFC, to start credit business

Payal Ganguly

Online payments service provider PayU has received approval from the Reserve Bank of India to operate as a non-banking financial ....

17 September, 2018