PayUMoney launches wallet services for online shoppers

NEW DELHI, INDIA: PayU India announced the launch of its wallet service - ‘PayUMoney Wallet' for online shoppers in India. With PayUMoney, a consumer can pay through normal payment methods like credit card, debit card or netbanking account and get rewarded on every transaction.

PayUMoney wallet is accepted on more than 8,500 e-commerce websites such as Goibibo, Bookmyshow, Redbus, Tradus, Rechargeitnow, Ferns n Petals, Groupon, Travelyaari etc.

The consumers get up to 10 percent cashback instantly on each transaction they make through PayUMoney. This cashback can be used as a discount on the very next purchase. PayU India foresees its wallet as an instrument to help consumers make more rewarding purchases and at the same time enjoy an awesome payment experience.

A consumer just needs to select PayUMoney as a payment option on an e-commerce website and thereafter continue paying through usual payment modes like Credit Card, Debit Card and Netbanking. The consumer gets a guaranteed cashback instantly in his PayUMoney account (wallet). On the very next purchase, the consumer can use this accrued cashback money as a discount.

The cashback value ranges between 2 percent to 10 percent. PayUMoney accepts all major credit cards (VISA/Masteracrd/Amex) Debit Cards (including Maestro) and Netbanking options.