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PayUMoney comes on board as technological support partner for Induslnd Bank

PayUMoney, an online payment solution by PayU India,
has come on board as technological support partner for IndusInd Bank. In this
role, PayUMoney would provide its secure and robust technological
infrastructure to facilitate online transactions through IndusInd’s Internet
Payment Gateway. The collaboration is aimed at providing IndusInd’s online

PayUMoney, an online payment solution by PayU India,
has come on board as technological support partner for IndusInd Bank. In this
role, PayUMoney would provide its secure and robust technological
infrastructure to facilitate online transactions through IndusInd’s Internet
Payment Gateway. The collaboration is aimed at providing IndusInd’s online
users with increased convenience and a better user experience through its
digital banking facility.

Speaking on the announcement, Shailaz Nag, COO and Co-Founder, PayUMoney said,
“Enhanced user convenience, and a more secure payment method have been at the
forefront of our brand promise. To be empanelled by a leading financial
institution such as IndusInd Bank only serves to redouble our desire to keep
providing merchants and buyers a seamless experience.”

Ritesh Raj Saxena, Head – Savings, Digital & Payments Business,
IndusInd Bank, commented, “We
are pleased to partner with PayU India, one of the largest Payment Processors
& Aggregators, in our endeavor to provide value added payment services to
our business partners and retail customers alike. Customers are increasingly
looking at digitalization for improving their business efficiencies and
attracting the increasingly online savvy customers across cities and towns, and
partnering with PayU helps us in providing them with an appropriate platform to
build their digital business ecosystem. Retail customers too can expect
smarter, more contextual online payment propositions, with PayU’s partnerships
covering their every-day payment cycle.”

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