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June 2023

PayU India procures D-RECs, electrifies rural banks with solar power

June 22,2023  .  PayU India

PayU India has procured distributed renewable energy certificates (D-RECs) from high-impact solar projects, which electrify rural banks across the country.

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PayU, Visa & Yes Bank launch BPSP to streamline vendor payments, corporate travel bookings

June 2,2023  .  PayU India

PayU has joined forces with Visa and Yes Bank to introduce the innovative Business Payment Solution Provider (BPSP) program exclusively for Visa Commercial Card customers in India.

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PayU and Prosus champion sustainable packaging solutions in India with new report

June 5,2023  .  PayU India

On World Environment Day, PayU and Prosus launched the Scaling Sustainable Packaging Report

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Feb 2023

PayU launches 3DS 2.0 SDK authentication service

Feb 23,2023  .  PayU India

PayU announced the launch of 3D Secure 2.0 SDK, offering a full native checkout and improved customer experience for all card transactions.

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PayU onboards former IndusInd Exec to lead Risk Ops

Feb 14,2023  .  PayU India

PayU appointed Manish Deo as the company’s head of risk operations and anti-money laundering.

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All guns blazing: Behind PayU's robust strategy for growth in India

Feb 5,2023  .  PayU India

Online payments gateway PayU India has two things going for it—a strong, locally-rooted technology stack and the backing of global investment firm Prosus.

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December 2022

LazyPay merchant network up by 70% in 2022, reaches 48,000

December 22,2022  .  LazyPay

The BNPL solutions provider has onboarded 20,000 new merchants through direct integration and partnerships with leading aggregators.

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PayU continues product innovation for Indian merchants in 2022

December 21,2022  .  PayU India

Keeping product innovation at the centre of its efforts, PayU witnessed a successful year and its revenues grew 38% to $183 million in the first half of the FY 2022-23. With a view to provide the best experience to its merchants PayU made several launches & updates in 2022:

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Fintechs, a game-changer for Indian MSMEs: Narendra Babu, CTO, PayU Payments

December 6,2022  .  PayU India

MSMEs need to ride tech trends which help increase their profitability by reducing operating costs, improve transparency by eliminating middlemen and make it easier to scale up business.

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PayU appoints former Nykaa exec Arvind Agarwal as new CFO

December 2,2022  .  PayU India

Agarwal possesses more than two decades of experience and had worked with companies like Nykaa, Amazon and Vodafone.

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November 2022

“AI-Powered Analytics Helps Predict Shifting Customer Behavior and Evolving Needs” Says Piyush Gupta

November 24,2022  .  LazyPay

Innovation is rather a risky enterprise when it comes to Fin-Tech, all boiling down to how much market information one has. In the rapidly evolving and expanding industry it is highly imperative that one adapts fast, which in itself is a risk.

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Indians spend more on OTT and Travel this festive season than in 2021: Report

November 18,2022  .  PayU India

The festive season in 2022 saw Indians spend the most on revenge travel and entertainment. The year saw a 64 percent increase in expenditure and a 31 percent increase in the number of transactions compared to the festive season in 2021, according to the report titled 'Insights Report-Festive edition' by online payment solutions provider PayU.

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Seven million transactions processed on this payment platform on a single day

November 16,2022  .  PayU India

The early festive sales period in 2022 saw a 64% increase in expenditure and 31% increase in the number of transactions vis-à-vis the festive sale period of 2021, analysis of consumer transactions by online payment solutions provider PayU shows.

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August 2022

PayU Finance’s LazyPay partners with Dukaan to offer BNPL solution to small businesses

August 24,2022  .  LazyPay

Credit and Finance for MSMEs: Integrating the BNPL solution into the available payment modes will help such merchants improve their sales and encourage first-time customers to become repeat customers, LazyPay said.

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Priya Cherian on Purpose of EVP at PayU & Its Foundational Pillars

August 3,2022  .  PayU Global

Our Employee Value Proposition (EVP) encompasses both PayU's vision and our PayUneers' aspirations. "Transforming financial services through cutting-edge technology" is its overarching theme.

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July 2022

Talent is drawn to purpose-driven organisations, where they can add value to the community: PayU’s Priya Cherian

July 17,2022  .  PayU Global

To develop a sense of what talent – existing and prospective – is looking for in an employer, you need to really listen to employees, create multiple channels of feedback, and keep your ear to the ground, says Priya Cherian, chief people officer at PayU.

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MC Interview: Our goal is not just to attract talent but to also retain it; work-life balance a key component of our EVP: Priya Cherian, PayU's chief people officer

July 18,2022  .  PayU Global

Start-up layoffs have offered employers a wider pool of talent to choose from. Hiring costs will stay elevated for maybe six months, after which they will correct, says Cherian of PayU.

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Why did PayU launch its new EVP amid a fierce talent war?

July 6,2022  .  PayU Global

In an interaction with ETHRWorld, PayU’s Chief People Officer, Priya Cherian talks candidly about the company’s EVP.

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June 2022

PayU appoints Meghna Pal as Global Head of D&I, Engagement and Wellbeing

June 16,2022  .  PayU Global

PayU has appointed Meghna Pal as Global Head of Diversity & Inclusion, Engagement and Wellbeing.

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April 2022

National Financial Awareness Day: How youth can start smart on money matters

April 24,2022  .  LazyPay

As per a recent study by Viral Fission, a youth community platform, GenZ is inclined to rather save than spend, with about 32% of them surveyed choosing savings.

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“There will be an immense war for talent in 2022,” Ashish Chattoraj

April 22,2022  .  PayU India

In 2022, and we will continue to see the trend of perks for retention of key individuals, mentions Ashish Chattoraj, CHRO, PayU Payments.

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LazyPay partners with Zepto, expands BNPL service to quick commerce

April 13,2022  .  LazyPay

LazyPay said the partnership could help Zepto speed up its client adoption by using its large customer base.

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March 2022

Data and AI can help increase financial inclusion in Bharat

March 11,2022  .  Miscellaneous

Financial inclusion is a worthy dream for a young and developing country like India as it can become a primary driver for balanced economic growth, reducing gender inequality and will help with women’s economic empowerment.

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How PayU is Helping Merchants in their Digitisation Drive

March 6,2022  .  PayU India

In a little over a decade, PayU, has become one of the most trusted online payments solution providers in India.

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Back PayU and Vtex join hands to offer merchants multiple local payment options

March 3,2022  .  PayU India

PayU on Thursday said it has collaborated with Vtex, one of the largest global digital commerce platforms, to offer multiple payment solutions to Vtex merchants.

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February 2022

We-Ace and PayU come together to launch an Exclusive Returnee Women Program

February 17,2022  .  Miscellaneous

We-Ace, an online skilling and networking platform designed to engage, enable and employ women, along with PayU have come together to create a unique opportunity for women aspiring to return to work after a break.

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How PayU Finance built a pool of 62 million pre-approved customers

February 11,2022  .  LazyPay

The consumer credit division of PayU is expanding its pre-approved client base by integrating data science, responsible AI, and active machine learning feedback.

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January 2022

PayU offers small businesses instant credit access with repayment cycles from 1 week to 1 year

January 18,2022  .  PayU India

Credit and Finance for MSMEs: The credit amount ranges from Rs 25,000 to several crores with repayment cycles from 1 week to 1 year. The credit will be offered based on merchant’s transaction history.

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LazyPay joins cards bandwagon, targets 1 million customers this year

January 11,2022  .  LazyPay

The BNPL platform said it is on track to grow three-fold in monthly disbursals to Rs 300 crore in January on a year on year basis.

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December 2021

December 27,2021  .  PayU India

Exclusive glimpse of Manas Mishra, CPO, PayU India sharing his views on Tokenisation and its impact on online transactions.

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November 2021

PayU becomes fully certified token requestor and token service provider for Mastercard and Visa

November 25,2021  .  PayU India

PayU has been fully certified by Mastercard and Visa as a token requestor and token provider.

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Travel and movies ruled festive spending in 2021: PayU report

November 23,2021  .  PayU India

Following the relaxation in travel norms and mass vaccination, the travel and hospitality sector saw an increase of 105 percent in transacting users this festive season compared to last year.

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PayU India’s revenue grew by 56% in the first half of FY22, says Prosus

November 22,2021  .  PayU India

Prosus said India continues to be a strategic market for the company and also contributed to the growth in its global revenue for its fintech and payments segment.

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October 2021

PayU launches tokenisation solution ‘PayU Token Hub'

October 28,2021  .  PayU India

‘PayU Token Hub’ will enable businesses to comply with RBI’s latest guidelines on online card data storage.

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Good signs for buying sentiments as PayU records 7 million plus transactions in one day during festive sales

October 18,2021  .  PayU India

With more than 3.5 lakhs merchant base, payment gateway PayU is looking to heavily invest in Serverless Architecture Paradigm and PAAS (Platform as a Service).

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September 2021

<a>Our platform wants to create a complete financial ecosystem</a>

September 02,2021  .  PayU India

Anirban Mukherjee, PayU India head, speaks about the tailwinds from the BillDesk acquisition and the road ahead

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August 2021

PayU, Alpha Wave Incubation lead $12 million investment round in Indiagold

August 27,2021  .  PayU India

With this round, Indiagold has raised a total of $14 million. Other investors include Leo Capital, Better Tomorrow Ventures, 3one4 Capital and Zerodha-backed Rainmatter Capital.

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Amid Covid, PayU witnessed 40% year-on-year growth trajectory: Manas Mishra, Chief Product Officer, PayU

August 14,2021  .  PayU India

In a bid to under the digital payments segment and the transformations it is undergoing lately, Rashi Aditi Ghosh of Elets News Network (ENN) spoke to Manas Mishra, Chief Product Officer, PayU.

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July 2021

Inclusive move: PayU India records 36% increase in female hires

July 10,2021  .  PayU India

According to Priya Cherian, Chief People Officer, PayU, the employees get two times the referral bonus for referring a female candidate, as they would for a male candidate.

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June 2021

<a>Online donations to charitable causes touch all-time high in lockdown 2.0</a>

June 22,2021  .  PayU India

India is gradually emerging out of a widespread and severe second wave of COVID infections that led to several people seeking and offering help, including financial assistance, via social media platforms.

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How PayU managed the post-merger cultural integration during lockdown

June 7,2021  .  PayU India

At the best of times, integration of two merged companies is an exercise fraught with problems. An integration at a time when remote working is the norm is even more difficult. Here’s how PayU and PaySense managed during the lockdown

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PayU introduces ‘Pay with Rewards’ with twid, to help merchants get more consumers

June 03,2021  .  PayU India

PayU has announced the launch of 'Pay with Rewards' initiativein partnership with twid.

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Here’s how PayU is leveraging payments data to offer new products to consumers

June 02,2021  .  PayU India

The company uses the spend patterns of consumers to analyze if a certain consumer is eligible for a small ticket size loan for 15 days to offer Buy now Pay later product.

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May 2021

PayU Joins Zoho Books for Merchant Payment Solutions

May 18,2021  .  PayU India

Businesses will be able to reconcile payments within Zoho Books and access a full-scale payment infrastructure

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PayU sees a three-fold jump in transactions to $100 billion in three years

May 07,2021  .  PayU India

Adoption of digital payment tools along with rising popularity of e-commerce players amid the pandemic are seen as growth drivers

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April 2021

E-commerce, OTT, gaming register over 100 pc rise in business in 2020: PayU

April 20,2021  .  PayU India

The retail and e-commerce segments recorded a massive 106 per cent increase in the number of transactions and a 124 per cent rise in expenditure between the first and last six months of 2020.

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Buy. Build. Repeat: How PayU created a fintech ecosystem

April 15,2021  .  PayU India

How a string of buyouts, bold investment bets and aggressive ramp up helped online payments major PayU build a fintech ecosystem

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March 2021

DotPe raises Rs200 crore from Google, PayU, Info Edge Ventures

March 26,2021  .  PayU Global

Offline to online e-commerce became immensely popular during the pandemic and has been embraced by thousands of small businesses, retailers and shopkeepers

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February 2021

PayU India FY20 revenue rises 32%, even as Covid hits lending biz

February 02,2021  .  PayU India

PayU Payments, the Indian unit of Hoofddorp, Netherlands headquartered fintech firm PayU Global, reported a 31.9% rise in total yearly revenue in a Covid-affected economy.

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December 2020

LazyPay sees record 75,000 users every month in COVID-19 year

December 25,2020  .  LazyPay

At least 75,000 new users joined the platform every month this year. With this, LazyPay has 20 lakh active users at present, the company said.

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Here’s how PayU leverages data science to manage customer’s credit line

December 24,2020  .  LazyPay

PayU is using ML models to predict customer churn, the likelihood that a customer who missed payment will auto-pay, and the probability that a customer will complete KYC.

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PayU’s Multifaceted Initiatives In 2020 Help SMBs Scale Up In Digitalized World

December 23,2020  .  PayU India

The platform witnessed a 100% growth in TPV in the SMB segment, as compared to last year and on-boarded 100,000 new SMB merchants in the April – June quarter.

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LazyPay aims to double overall BNPL business in 2021

December 23,2020  .  LazyPay

“Pay Later” platform LazyPay said it aimed to reach 5 million customers by the end of 2021

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PayU launches tokenized payments in collaboration with Google Pay

December 18,2020  .  PayU India

PayU said the feature would allow merchants “to offer greater convenience, speed and payment mobility to their consumers.”

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Interview: Prashanth Ranganathan, CEO, payU Finance India: ‘BNPL & credit lines for large spends to drive growth’

December 15,2020  .  LazyPay

In the pre-Covid days it was hard to always justify being a digital lender because it was cheaper for the consumer and some businesses to lend in the “old-fashioned way”.

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November 2020

Indifi Technologies, PayU launch Early Credit to resolve funding issues faced by SMEs

November 25,2020  .  PayU India

Early Credit can be used during bank holidays when businesses don’t get paid, causing further delay in their operations.

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‘In the next 12 to 18 months, we want to use data intelligence to further build our core capabilities’

November 24,2020  .  LazyPay

The explosion in data has given an opportunity to revolutionise digital lending, making data science an essential part of PayU’s credit business.

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How They Did It Ft. Prashanth Ranganathan | Buy Now Pay Later Offering Sees Uptake

November 19,2020  .  LazyPay

We have someone who has been a veteran with digital and mobile payments and fintech startups with TrueB Security, and then with PaySense which has been acquired by PayU Credit - Mr Prashanth Ranganathan, CEO, PayU Finance.

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Exclusive Interaction – Shantanu Preetam, CTO, PayU

November 10,2020  .  PayU India

AI and ML have become the order of the day. Shantanu Preetam, CTO, PayU, talks to us about its nuances in today’s context.

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Here’s how PayU is gearing up for 3x surge in traffic

November 06,2020  .  PayU India

PayU has invested in deploying additional cloud hardware to support the infrastructure needs during the festive sales that are already seeing a massive spike in online shopping.

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What Is The Hiring Process For Data Scientists At PayU

 26,  .  PayU India

Data science teams are becoming an integral part of most companies, and hiring the right talent while providing them with an environment to grow and explore new technologies has become a central focus for most companies. 

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PayU appoints Prakash Padariya as Chief Information Security Officer

 05,  .  PayU India

Padariya will lead and further strengthen PayU India security team, while ensuring alignment with PayU’s Global Security strategic initiatives and standards, according to a statement.

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September 2020

How PayU is using its 3-tier AI upskilling programme to build an engineering culture

September 23,2020  .  PayU India

“Upskilling of employees is one of the core components of PayU’s learning strategies. To enable AI capability building, PayU has a detailed AI Learning Strategy for employees at all levels, across all functions,” says Priya Cherian, Chief People Officer, PayU.

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LazyPlus Combines The Best Of Buy-Now-Pay-Later With UPI Functionality To Support India's Evolving Credit Needs

September 08,2020  .  LazyPay

LazyPlus combines the best of Buy-Now-Pay-Later with UPI functionality to support India's evolving credit needs

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August 2020

ML is helping PayU improve transaction conversions by 12%

August 24,2020  .  PayU India

PayU is deploying machine learning in several areas to improve the security of transactions and eliminate transaction failures

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‘Digital lending is more expensive than physical lending’

August 17,2020  .  LazyPay

Prashant Ranganathan, the CEO of the PayU Finance India shares interesting data to Amol Dethe; how buyers are back and shopping online; and how the format of digital lending is expensive over physical.

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The redefined role of HR in a post-Covid era

August 10,2020  .  PayU India

Continuous employee engagement initiatives will be required to ensure that employees still feel the existence of a company culture and are reassured that they are valued by their organisation.

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PayU India CTO Shantanu Preetam on technology priorities for 2020

August 04,2020  .  PayU India

A greater focus on omnichannel solutions and adoption of low to no-code development are among key digital strategies this year at the Indian arm of Naspers-backed fintech firm PayU. 

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‘Digital channel goes beyond payments for MSMEs to fill gaps in transparency, offer business insights’

August 04,2020  .  PayU India

Technology for MSMEs: Covid-19 has accelerated the adoption of digital payment infrastructure while limiting cash-intensive transactions, as more and more SMBs are relying on payment gateways to scale up their businesses.

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July 2020

PayU rolls out UPI AutoPay feature for subscription payments

July 28,2020  .  PayU India

Online payment solutions provider PayU has announced the integration of the UPI AutoPay feature for merchants.

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How 'buy now pay later' concept may ease financial complexities

July 22,2020  .  LazyPay

A consumer sentiment report from BCG states that people are likely to trade down (buying cheaper brands or lower variants) in discretionary categories and trade up (expensive brands) for staples and household care.

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PayU partners with Shiprocket Social and Quick eSelling

July 17,2020  .  PayU India

PayU, India’s leading online payment solutions provider, has partnered with leading e-commerce platforms, Shiprocket Social and Quick eSelling to enable their 15000+ merchants to digitize transactions.

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June 2020

The new norms for your workplace

June 29,2020  .  PayU India

While regularization of businesses has started, given the magnitude of the impact that the COVID-19 pandemic has had, it is bound to redefine the workplace norms across industries even after the risk of infection fades. So, what will our new ‘normal’ workplace be like?

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PayU, ensuring business continuity with digital preparedness: Gurjodhpal Singh, SVP, PayU India

June 23,2020  .  PayU India

PayU has put in place a robust business continuity plan to ensure that work goes on as per the course and our merchants, employees, and vendors do not get impacted.<strong> </strong>

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PayU appoints Shantanu Preetam as CTO

June 16,2020  .  PayU India

Preetam has an experience of over 23 years in building software products and driving digital transformation strategy.

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Contactless transactions, face and touch recognition and behavioural analytics will become part of daily routine: Sudhir Sehgal, PayU India

June 15,2020  .  PayU India

As a digital payment gateway, PayU India has a bird’s view of online payments across different businesses and sectors. In an interview with Express Computer, Sudhir Sehgal, Country Head, Enterprise Business, PayU India, discusses how his firm has ensured business continuity in these trying times.

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AI, machine learning to support digital lending landscape in post-covid era

June 04,2020  .  LazyPay

Technology will boost innovation and risk mitigation in digital lending space.

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