India: Naspers-backed PayU ventures into hardware with point-of-sale machines

India: Naspers-backed PayU ventures into hardware with point-of-sale machines

PayU, backed by Internet and media group Naspers has operations in 18 countries including Latin America, India, Central Eastern Europe, and Middle East and Africa. Visual sourced from PayU website.

Online payment services firm PayU India has ventured into hardware devices by introducing its own point-of-sale (POS) machines as the Naspers-backed company anticipates the next wave of growth to come from small merchants adopting debit/credit card transactions.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter