PayU launches new service to advance Nigeria’s cashless economy

Online payment solution platform, PayU has announced the launch of a new service called PayU Receive. According to the company, the new product will allow businesses in Nigeria to securely request and receive payments directly from their customers without any hassles.

PayU Receive is a payment solution that facilitates business-to-business and business-to-consumer payments via email or SMS. It allows businesses to make use of PayU’s payment services by allowing them to send payment requests via email or SMS to their customers. Customers then have the flexibility of paying via their bank cards or their bank accounts.

This is another way for businesses to receive payment as all they need is their customers’ email address or mobile phone numbers to which a payment link can be sent. They can also send payment reminders to their customers thereby increasing the efficiency of collections on overdue accounts.

This payment solution aligns with PayU’s experience in over 16 markets globally, including Asia, Central and Eastern Europe, Latin America, Middle East and Africa, where our technological solutions are changing the payment landscape. We hope to empower more business owners in Nigeria with innovations like PayU Receive which helps improve collection of payments from customers both locally and internationally,” said Juliet Nwanguma, Country Manager, PayU Nigeria.

With PayU Receive, merchants can send local and international payment requests via email or SMS for goods and services to their customers, even if they do not have a website.

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I am the Founder and Executive Editor of Core Magazine. I hold a Bachelors Degree in History and International Studies from Bowen University. I am the Author of "DARE TO RESEARCH". I have written and published over 16 Academic Research Articles. I believe in an ideal that all persons irrespective of their race, class or status can influence the society with creative writings and constructive thoughts to the point where they can succeed and develop their skills to seize rare opportunities.

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