The Growth of Digital Payments in India India is witnessing a rapid transformation towards a cashless economy, with digital transactions growing exponentially. In 2023 alone, there were 2.9 billion credit…
PayU FlashPay: Revolutionizing Digital Payments with Secure, OTP-Free Authentication
What is UPI Lite: Features & Benefits | PayU
The Reserve Bank of India (RBI) introduced UPI Lite (Unified Payments Interface) in September 2022 to streamline small-value payments. Many experts suggest that it was an important and much-needed step…
What Is Tokenization in Payments? How It Works & Why Is It Important?
As a business owner, you may accept payments from customers and other parties through various modes, including UPI (Unified Payments Interface), digital wallets, net banking, bank transfers, credit and debit…
What Is Payment Processing? How It Works, & Advantages | PayU
In the modern digital business landscape, it would be no wrong to say that payment processing is the backbone of all financial transactions. And for anyone who owns a business,…
What Is Merchant Payment Gateway: Types & How Does It Work? | PayU
In the modern, digital-first economy, as a business owner, you need to provide a seamless and secure payment solution for your customers. Whether you own an offline retail shop or…
What Is Contactless Payment? How Does It Work? | PayU
Today, in the modern business world, as a business owner, it is essential to continually evolve and stay current to remain competitive. At the same time, you must adopt best…
What Are the Different Types of Payment Methods in India?
Payment methods are essentially the different ways in which you can make payments to merchants or transfer funds for the goods or services you purchase and avail yourself of. Traditionally,…
What Are The Different Types Of Electronic Payments? | PayU
Electronic payments, also commonly referred to as digital payments, are a type of e-payment. It is a mode of online transaction between the payee and the payer. These payment methods…
What Are POS Machine Charges & Fees? | PayU
POS Machine Charges & Fees Explained As the Digital India movement gains prominence in India, many Indians are adopting digital payment methods to make their daily purchases. As a result,…
What Are Payouts? Meaning, Examples, Types | PayU
Payouts essentially refer to the transfer of funds, benefits or assets to individuals, investors, or entities. Typically, payments are made as compensation, settlements, rewards, or other forms of compensation. Some…
The Role of APIs In Modern Payment Processing | PayU
In today’s digital world, where convenience and speed are paramount, the way people make payments has undergone a profound transformation. Traditional payment options, such as cash and cheques, have become…