Splendid i must Say. I'll explain you why ?? This is the biggest acquisition in the country's financial technology segment till date and i must say that it will dominates the payment gateway market in India. read more
Citrus Payment services is rolling out a similar product, as indicated by this YourStory report. The solution will be called Lazypay and will allow Citrus Pay to become an underwriter of transactions and charge consumers, on a fortnightly basis. An acquisition might give PayU access to these technologies which seems to be a hit with PayPal. read more