An innovative fully-online installment payment system, without the need to go out and without a courier. With PayU installments, your sales can increase by up to 15 percent(PayU research, 2015) and you receive the funds immediately after granting of the loan to the buyer by the financial institution.
The most eagerly selected payment method.The customer selects the bank in which they have their account and is then transferred to their online banking service in order to make the payment. The data in the form is filled in automatically.
Payment on the Internet is made with the use of the same card (Visa, Mastercard, Maestro) as in an ordinary shop. By enabling card transactions, you can obtain conversion levels of up to 93 percent (PayU research, 2016).
This allows for presentation of product prices and payment in different currencies.You, as a seller, do not incur any foreign exchange risk and do not have to make settlements in foreign currencies while your customers get the possibility to select the currency in which they want to pay, as well as added convenience.
A payment method, which allows the buyer to shop online and pay for their shopping in up to 30 days or split the payment into installments. On the other hand, you receive the money for the goods immediately.The service is also an opportunity for conversion increase and higher shopping cart value.
This allows for sending of an e-mail with a payment link to the customer in order to confirm their order or to notify or remind them of the transaction. The payment method can also be used as an additional marketing tool. You decide on the form of the message.
You receive payments regularly and on time. First, the customer leaves their card data then, payments are collected from them automatically. On the other hand, you receive the due amount for the subscription services in a timely manner.
The user makes a fast payment for the service via PayU to the individual account number available in the service of the service provider. This solution is recommended for telecommunication companies, cable TV operators, Internet provides, and electric energy providers as well as leasing or insurance enterprises.