- The integration will facilitate international brands entering the Indian market
- The integration will facilitate international brands entering the Indian market
- Only solution to offer robust combination of network and issuer tokens - Ability to offer future ready tokenization across all payment modes like UPI, net banking & contactless device payments
PayU, the payments and fintech business of Naspers, today announces the acquisition of a majority stake in Red Dot Payment, a Southeast Asia focused online payment solutions provider. With this transaction, PayU expands into the Southeast Asia region and brings the total amount deployed in fintech investments and M&A to north of $700 million over the last three years. The move demonstrates PayU’s commitment to becoming the leading payments solution provider in high-growth markets and one of the largest fintech investors in the...