Payu Global News Today

From being an early player offering online payments to internet companies back in 2011, to facing severe competition from new-age startups such as Paytm and Razorpay, to a failed attempt to acquire Billdesk and facing a merchant acquisition embargo from the Reserve Bank of India, PayU has had a chequered history in India.

Tata Digital-owned 1mg has beaten rival PharmEasy to pole position in the countrys e-pharmacy market in terms of gross merchandise value. This and more in todays ETtech Morning Dispatch.

Chief financial officers (CFOs) are changing jobs more frequently as companies seek experienced CFOs to ensure financial stability, meet accounting and regulatory norms, rationalize costs, and raise funds in a volatile business environment. This high turnover has also led to an increase in CFO compensation, with some CFOs earning salaries closer to those of CEOs.

Payment fintechs are finding that their best opportunities are overseas — and for a lot of companies, that means building a market to take on American incumbents.

The payment company, which is downsizing, plans to expand into markets where merchants are increasingly migrating to digital commerce.

Worldline Continues To Build Its “Payments Platform As A Service” (PPaaS) Solution, At The Heart Of Its Terminal Solutions & Services Transformation Roadmap Date 22/04/2021 Worldline [Euronext: WLN], the European leader in the payments and transactional services industry, today announces that it has completed the second phase of development of its new “Payments Platform as a Service” (PPaaS) solution. The commercial launch of PPaaS is scheduled for the second half of 2021, su...

PayU, the fintech and e-payments business of Prosus, today launches a report titled “ The Next Frontier: the most promising markets for emerging e-commerce leaders in 2021 and beyond”, highlighting unprecedented consumer spending growth in e-commerce in high-growth markets that have often been overlooked before 2020 in favour of more traditional, Western markets. The report examines four of the fastest growing consumer sectors where PayU sees the biggest growth potential over the coming yea...