Categories: Business

PayU ties up with Google Pay to introduce tokenised payments

PayU with Google Pay has introduced tokenised payments flow for Indian merchants. With the digital token linked to the phone and card information tokenised, Google Pay users can make repeat payments seamlessly and securely. Through the option of one-click payment, one doesn’t need to re-enter the payment data, as the OTP is read automatically and the payment is processed instantaneously.

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What are tokenised payments?

Tokenised payments offer a highly convenient, safe, and friction-free payment experience, and we are excited to partner with Google Pay to make this available for our merchants. It will help them build lasting trust and loyalty with customers, reduce risks of cart abandonment and payment failures, and scale up their businesses.

Important takeaways for all competitive exams:

CEO of Google: Sundar Pichai; Headquarters: California, United States.
PayU Founded: 2006.
PayU CEO: Laurent le Moal.

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Sumit Arora

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.