Online payment solutions provider PayU has announced its partnership with PayPal in order to improve cross-border payments for India-based merchants.
Following this announcement, the online payment solutions provider PayU is expected to combine its suite of solutions and expertise with US-based fintech company PayPal, aiming to optimise the cross-border payment experience for India-based merchants and traders.
▶️ Integration will allow customers to take advantage of the flexibility of choice when placing an order. They will now have access to PayPal Paylater + several other alternative payment methods (APMs), including Apple Pay, Venmo, Discover, MyBank, GiroPay, Blik, SoFort, Bancontact and Trustly.
▶️ PayPal ISU 2.0 will facilitate a simplified merchant registration process right on the PayU dashboard. This will allow Indian traders to open accounts with PayPal, reducing the number of rejections due to the API, and also conduct secure activation in real time.
This process will improve the overall onboarding experience for customers, while also being combined with a fully integrated payment journey for users as well. The process is set to optimise the overall success rate of the procedure, while also potentially leading to increased revenue for PayU’s extensive global merchant network.
