• 2011 September 25

Company Description

PayU provides online payment services for individual and institutional customers worldwide.

PayU provides online payment services for individual and institutional customers worldwide. It develops and integrates online payment services as well as provides tools to facilitate e-commerce activities on the web. Offering a large array of services, including virtual POS solutions and advanced fraud prevention filters by a fraud monitoring team, PayU aims to improve the service quality of e-commerce businesses while providing an innovative service approach by cooperating with Turkey’s leading banking and licensing institutions. PayU was founded on September 25, 2011 and is based in Istanbul, Turkey. It operates as a subsidiary of [Naspers](https://www.crunchbase.com/organization/naspers), a multinational media company.