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Prosus-backed PayU gets India cenbank nod to operate as payment aggregator
PayU Payments, supported by Prosus, obtains RBI's in-principle approval, emphasizing compliance and governance. It operates as a payment gateway, offering buy-now-pay-later services, and competes with Razorpay and PhonePe.
PayU Payments, supported by Prosus, obtains RBI's in-principle approval, emphasizing compliance and governance. It operates as a payment gateway, offering buy-now-pay-later services, and competes with Razorpay and PhonePe. 
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