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About Us

PayU is the payments and fintech business of Prosus, a global consumer internet group and one of the largest technology investors in the world. Prosus has a primary listing on Euronext Amsterdam (AEX:PRX) and a secondary listing on the Johannesburg Stock Exchange (XJSE:PRX), and is majority owned by Naspers.

PayU provides payment gateway solutions to online businesses through its cutting-edge and award-winning technology. In India, PayU serves more than 4,50,000+ merchants with over 100+ payment methods and is the preferred payment partner for e-commerce merchants, including all leading e-commerce companies and a majority of airline businesses.

We are Growing in Every Way!

2011

PayU PG Launched

ibibo launches PayU PG for websites to integrate e-commerce transactions with online payments

2012

Management

Management team hired to service outside players

2014

PayU India founded

Demerged from Ibibo to become PayU India

2016

Acquired Citrus Pay

PayU buys Citrus Pay for $130m

2017

Foray into credit

LazyPay launched along with the acquisition of a stake in ZestMoney and PaySense

2017

Fastest Growing Market

India becomes the fastest-growing market for PayU, contributing 47% of TPV

2018

$100m milestone

Achieves $100m revenue in FY18; becomes the biggest market for PayU

2018

Profitable

Payments business turns profitable

2018

Got NBFC license

NBFC license acquired for credit business, a key growth initiative

2019

Consolidation

Profitability for PayU India consolidated

2019

Acquired Wibmo

Leading online authentication provider for card payments, Wibmo acquired by PayU

Our Mission

To create a safe and secure ecosystem that enables anybody to make or receive payments, bringing convenience and trust through continuous innovation leveraging technology.