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PayU India unveils online payment solution PayUPaisa


TSI | New Delhi, April 19, 2013 14:07
Tags : PayU India | PayUPaisa | Online payment solution |

PayU India, the fastest growing online payment company in country, Thursday, launched PayUPaisa, a revolutionary web based product which empower buyers to pay and sellers to get paid online.

It’s a first product of its own kind in India which allows any individual or a business to go online in a matter of few minutes and start collecting online payments. The product is free for sellers and provides beneficial selling tools like a free webstore, free storefront and email invoicing.

On the other hand, PayUPaisa has a strong dispute resolution centre to safeguard buyers and keep their money safe even when they have paid for a product or service.

What actually hinders a seller in India to come online and sell? (a) Seller needs to invest time and money in making a website (b) Investment required in getting a payment gateway (c) Series of documentation process which has a significant lead time. PayUPaisa solves all these 3 problems.

PayUPaisa enables a seller to make a free webstore in few minutes. The seller can upload the logo of his store, information regarding the store, contact details etc. He can upload as many product as he wants along with product images. Once he’s through this short process, he can publish his store on web and publicise the URL of his store on social networking platforms and thereby pull in the consumer traffic. By default every store on PayUPaisa has a free payment gateway integrated in it (powered by PayU) This way a seller clears two major roadblocks when it comes to online selling.

For the first time, a payment company has introduced the concept of ONLINE DOCUMENTATION. This means no more lengthy signups or bulky form fill ups. No physical documentation required and not even scanned copies. If anyone wants to sell online all he/she needs to do is just punch in the PAN card number, bank account details and the verification process is over!

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Issue Dated: Feb 5, 2017