PayU Company Market Research Report



Company Overview



Name, Mission of the Company


Name: PayU
Mission: To create a world without financial borders where everyone can prosper.

Founding Details


When was the company founded and by whom: No information is available.
Where is the company headquartered: PayU is headquartered at Symphony Offices, Gustav Mahlerplein 5, 1082 MS, Amsterdam, Netherlands.

Key People in the Company


  • Chief Executive Officer: Daniel Cohen

  • Chief Financial Officer: Attila Kulcsar

  • Chief Technology Officer: Shiri Schneider

  • Chief Operations Officer: Andrzej Bassara

  • Chief Marketing Officer: Ofir Peretz

  • CEO CEE: Joanna Pieńkowska-Olczak

  • CEO Latam: Federico Jose Balige

  • CEO Africa: Karen Nadasen

  • Head of Global Merchants: James Churchill

  • Head of HR EMEA: Orit Federlein-Doodai

  • Head of HR LATAM: Francisco Ocampo

  • General Counsel: Paul Kuo

  • Chief Data Officer: Keren Ben Zvi

  • Chief Risk Officer: Simona Covaliu


Number of Employees


Number of employees: Over 1000 employees.

Revenue of the Company


Revenue: No information is available.

What is the Company Known For


Known for: PayU is known for being a leading online payment service provider operating in over 50 high-growth markets, with an extensive suite of innovative payment and financial services aimed at fostering global financial inclusion.

Products



What Products Do They Offer


PayU offers a comprehensive range of payment solutions including payment gateways, payment processing, and PayU Enterprise. Their products and services cater to both SMBs and large enterprises, and cover multiple payment methods and financial instruments.

Online Payment Solutions


  • Payment Gateway:

  • Connects merchants to multiple global and local payment methods.

  • Provides optimization and smart routing.

  • Online Payment Processing:

  • Secure payment processing with advanced analytics and compliance.

  • Online Payment Methods:

  • Offers both global and local payment methods for a seamless checkout experience.

  • PayU Enterprise:

  • Advanced payment solution tailored for enterprises, featuring network tokenization, advanced data analytics, and customized routing.


High-Level Description of the Product


PayU’s products are designed to facilitate seamless online transactions, optimize payment approval rates, and ensure strict compliance with international security standards. These products leverage AI, fraud detection, and payment orchestration to enhance the overall payment experience.

Key Features of Each Product


1. Payment Gateway:
  • Easily connects with local and global payment methods.

  • Integrates advanced payment routing and analytics.

  • Provides high security with tokenization and fraud protection features.


2. Online Payment Processing:
  • Handles secure transactions with PCI DSS Level 1 certification.

  • Uses AI to enhance fraud detection and minimize false declines.

  • Features advanced analytics for performance monitoring.


3. PayU Enterprise:
  • Network Tokenization to improve approval rates and safeguard data.

  • Non-repudiation API authentication for secure transaction validation.

  • End-to-End Encryption ensuring data sovereignty.

  • A vast range of local and global payment methods.

  • Single API for streamlined global processing.


Recent Developments



Recent Developments in the Company


New Features and Capabilities:
  • Introduction of PayU Protect Plus, offering enhanced business security and market expansion.

  • Launch of PayU Prepaid Edge, a powerful engagement stack designed to boost business growth.


New Products Launched


  • PayU Protect Plus: A security solution for safeguarding businesses.

  • PayU Prepaid Edge: Payment and engagement stack.

  • LazyCard: Physical prepaid card linked to user's LazyPay account in India.


New Features Added to Existing Products


  • Smart Routing Engine: U.S.-patented for optimizing payment success by routing payments through the most efficient paths.

  • Instant Retry Feature: Automatically retrains declined transactions by rerouting through different providers to capture lost revenue.


New Partnerships


  • Yango Partnership: Collaboration to offer a high-quality payment experience in the mobility sector.

  • AU10TIX Database: For advanced digital identity verification.

  • Feedzai: Partnership with a risk management platform to boost security using machine learning.


This report has been structured to be professional, detailed, and informative, focusing strictly on the provided data without additional commentary or speculation.