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PayU continues product innovation for Indian merchants in 2022

New Delhi [India], December 21 (ANI/PRNewswire): In 2022 PayU, India's leading online payments solutions provider, continued to be a front-runner in digitizing & simplifying the payments infrastructure of SMBs & enterprises. 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: Product milestones & updates: Tokenized 65M+ Cards with PayU Token Hub: PayU enabled merchants to comply with RBI's guidelines on online card data storage while offering customers a seamless payment experience. This unique platform allows banks to create their own tokens. PayU has the potential to tokenize 90% of all domestic transactions, as it is live with India's largest payment networks - Visa, Mastercard and RuPay. Refunds within 30 seconds: Through platform opti

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