IndusInd Bank has strengthened its payment solutions business with the launch of an internet payment gateway for enabling online acceptance of credit/debit and PrepaidCard.
The payment gateway will support acquisition of VISA, MasterCard and RuPay cards, besides net banking transactions.
IndusInd Bank has partnered with Pay U India (part of Naspers Group) to offer users the convenience of better success rates, faster processing, customised MIS Reports, large number of convenient modes of payments like accepting of credit/debit cards, large number of net banking options, mobile payments/IVR etc.
Moreover, IndusInd Bank customers can avail PayUMoney – an innovative and a disruptive service, which has been launched by PayU India to tap into segments that have high potential but are constrained to go online due to various factors.
Ritesh Raj Saxena, Head –Savings, Digital & Payments Business, IndusInd Bank said, “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.”
Shailaz Nag, COO and Co- Founder, PayU India said, “We are extremely delighted to become the technology partner of IndusInd Bank for the newly launched Payment gateway. We boast of a seamless, glitch free, transparent, user friendly and above all a highly secure technology. We are confident that IndusInd group and its customers would appreciate the new digital experience.”