PayU India is the flagship company of Naspers group which is a $25 Billion internet and media conglomerate listed on London and Johannesburg stock exchanges respectively. In India, they claim to serve more than 4000 merchants.
The payment gateway solution provider, PayU India, re-branded both its products PayU Enterprise and PayU Money to establish them as clear independent businesses in May 2015.
Now, PayUbiz focuses on enterprises and is used by large ecommerce enterprises whereas PayUmoney is the consumer brand of PayU India and has a wallet solution for consumers and payment acceptance solution for Small & Medium sized businesses (SMBs).
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