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IndusInd Bank launches Internet Payment Gateway

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Capital Market

In partnership with Pay U India

IndusInd Bank has launched an Internet Payment Gateway for enabling online acceptance of credit/ debit and prepaid card. The Payment Gateway will support acquisition of Visa, MasterCard and RuPay cards, besides netbanking transactions.

The Bank has partnered with Pay U India (part of Naspers Group). In addition to this partnership, IndusInd Bank Customers/ Merchants can avail PayUMoney - an innovative and a disruptive service, which has been launched by Pay U India to top into segments that have high potential but are constrained to go online due to various factors.

IndusInd Bank has been in Point-of-Sale Merchant Acquiring business since 2011 and with the launch of the Payment Gateway will now be catering to online merchants including government departments.

 

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First Published: Jul 30 2015 | 12:13 PM IST

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