India’s payment industry transformed: Mastercard and PayU’s AI collaboration takes center stage

India’s payment industry transformed: Mastercard and PayU’s AI collaboration takes center stage

Mastercard and PayU, a leading digital financial services provider in India, have unveiled a strategic partnership to integrate Brighterion AI solutions into PayU’s payment infrastructure. This collaboration aims to bolster PayU’s payment business by enhancing approval rates, reducing fraud losses, and enriching customer experiences through advanced artificial intelligence (AI). Key Aspects of the Collaboration The […]

Indian payments provider BillDesk to be acquired by PayU for $4.7bn

Indian payments provider BillDesk to be acquired by PayU for $4.7bn

BillDesk, an Indian digital payments provider, has agreed to be acquired by PayU, the payments and fintech business of Dutch technology investor Prosus, for a sum of $4.7 billion. Established in 2000, BillDesk serves Indian banks and businesses with its payments platform as well as customer engagement and loyalty solutions. M N Srinivasu — Co-founder […]