PayU India index, the online payment company, has launched PayUPaisa, a web based product which empowers buyers to pay and sellers to get paid online.
The product is free for sellers and provides beneficial selling tools like a free webstore, free storefront and email invoicing. It also has a strong dispute resolution centre to safeguard buyers and keep their money safe even when they have paid for a product or service.
Three problems that sellers face while coming online are:
(a) Time and money to make a website
(b) Investment required in getting a payment gateway
(c) Series of documentation process which has a significant lead time
PayUPaisa claims to solve all these three problems.
About PayU India
PayU India is the flagship company of Naspers group which is a $25 Billion internet and media conglomerate listed on London and Johannesburg stock exchanges respectively. It is now the No.1 payment aggregator in the Indian e-commerce category and No.3 player in the overall payments Industry. It serves more than 4000 merchants as on date which includes names like Jabong, Ferns n Petals, Goibibo, Tradus, Rechargeitnow, Travelyaari, Zomato and Groupon India.