Choosing Between PayUmoney and PayUbiz for Payment Solutions

About PayU India and Its Payment Solutions

PayU India, a leading digital payment solutions provider in India, offers two distinct products tailored to different business needs: PayUbiz and PayUmoney. Each product is designed to cater to specific business types, thus ensuring the best payment experience for both businesses and their customers.

PayUbiz: An Enterprise Solution

PayUbiz is designed for larger enterprises with complex payment needs. This product boasts a range of features including: Auto OTP read Magic retry Seamless payment experience OneTap payments EMI options IVR (Interactive Voice Response) International transactions Multi-currency support However, using PayUbiz requires a technical team to handle integration and maintenance, making it a more complex solution. It also comes with a setup fee and an annual maintenance fee, though transaction discount rates (TDR) vary based on the plan chosen.

PayUmoney: A Solution for SMB/SMEs

For small and medium businesses (SMBs) that may not have the technical expertise or resources to handle a more complex payment system, PayUmoney is a streamlined option. It supports various payment methods such as: Debit/Credit card payments Net banking Wallets UPI (Unified Payments Interface) PayUmoney also allows customers to access saved cards, enabling a faster and more convenient checkout process. Additionally, it provides built-in tools like Webstore, Webfront, and Invoicing, making it easier for businesses to manage their operations without needing extensive technical support.

Key Differences and Considerations

To help you decide which payment solution is right for your business, here are some key differences between PayUbiz and PayUmoney based on the latest information as of November 24, 2017:

No Setup Fee: PayUmoney does not require a setup fee, making it a cost-effective option for startups or businesses with limited resources. No Maintenance Fee: Unlike PayUbiz, PayUmoney does not have an annual maintenance fee, further reducing ongoing expenses. TDR Rates: PayUbiz offers startup plans with a flat TDR rate, which can be advantageous for bulk transactions. Meanwhile, PayUmoney has a TDR of 2%, which is relatively competitive for a comprehensive payment solution that requires less technical expertise.

A Quick Look at Customer Experience

While PayUmoney is generally easier to integrate and use, there have been instances of customers facing issues with PayUbiz. For example, some customers have reported that if they are not eligible to use PayUbiz, they might face delays in refunds, which can be frustrating when money is held on hold for weeks. It’s important to check the current status of your eligibility and contact PayU if you encounter such issues.

Conclusion

Choosing between PayUbiz and PayUmoney ultimately depends on your business’s technical capabilities, transaction volume, and financial constraints. Startups and small businesses that are looking for an easy-to-integrate, cost-effective payment solution should opt for PayUmoney. On the other hand, larger enterprises with specific payment needs may benefit from the advanced features and control offered by PayUbiz.

For more detailed information or to get started with either of these payment solutions, please contact Please note that the information provided is based on website data and may be subject to change over time. Always visit their official website for the most up-to-date information.