PayUmoney payment gateway: All you need to know

3 minute read

A payment gateway is a service that helps businesses collect online payments, with PayUmoney being a popular option in India. You can set up and get started quite quickly with PayUmoney, and it offers a number of payment options that different customers would find attractive.

PayUmoney is India’s largest payment gateway with more than 450,000 merchants on board¹. Popular Indian e-commerce websites like BookMyShow, Foodpanda, Snapdeal, Goibibo and Myntra use PayU for collecting payments through their site, app or shopping carts². PayU’s top focus is creating a payment ecosystem to make it easy for merchants and customers alike to receive and pay online.

With a fast activation process, you could be ready with an online payment gateway for your business within minutes. Let’s take a quick look at how PayU’s payment gateway works and their charges to get a better idea about what they offer Indian businesses.

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PayUmoney payment gateway pricing and charges

PayUmoney offers a simple and straightforward pricing plan for all methods of transaction.

Method of Transaction Transaction Fee
All 2%*
AmEx 3%*

*Current promotion until September 2019

Unlike other Indian payment gateway competitors, there is no setup fee or annual maintenance fee associated with PayUmoney³. If your business crosses ₹10 lakhs INR per month of payments processed, you are eligible to get customized transaction rates. Contact a PayUmoney representative for more information.

As part of PayUmoney’s services, you will get a personalized dashboard to help you manage your transactions, refunds, disputes and settlements, and download reports across data segments or view real-time transactions. You can stop or suspend your PayUmoney payment gateway at any time, and restart it without any additional costs⁴.

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Payment options supported with PayUmoney payment gateway

PayU offers comprehensive payment options to an Indian customer base. The options include⁵:


PayUmoney provides UPI payment mode as a default checkout option so that customers don't have to share sensitive bank information to complete a transaction.


Your customers can use their Visa, Mastercard, AmEx, Maestro or Rupay debit or credit cards. PayU also allows customers to save their preferred payment option for faster checkout next time.


There are 50+ Netbanking options from various banks across India.


Customers can use PayUmoney to pay from their e-wallets like PayTM, Freecharge, airtel, Oxigen, OLAmoney, and JioMoney⁶

PayUmoney payment gateway international payments

PayUmoney offers international payments through its gateway, but it is a little more complicated than the domestic payment options. The service does not come built into the payment gateway and you will be charged separately for it.

To activate international payments with your PayUmoney gateway, you will need to get approval from PayU’s banking partners and their own internal checks. There is a charge for the international payment service as well, of which you will be notified once the relevant documents are received by PayU. An example of the documents needed includes an audited balance sheet, profit and loss statement, import/ export certificate and more.

The approval process can take up to 30 working days. If you are approved and agree to the charges, then you can accept payments in up to 30 different currencies⁷.

PayUmoney payment gateway settlement

Once your bank details are provided to PayUmoney, you will receive your payments into your bank account within 2 business days on a rolling basis⁸.

PayUmoney payment gateway customer care

PayU has a very digital-friendly customer care service. You can find quick answers through their automated chat on their help page or through their thorough FAQs. For any additional help, you can reach them directly through your merchant dashboard.

Let Wise take care of your international payments

Want to have international customers or teams but don’t want to pay extra fees? Wise has got you covered. Once you sign up for free with us, you get a free business account to send, spend, and receive in 40 currencies with the real exchange rate. International payments become easy with your own UK, Eurozone, Australian, New Zealand, and US bank details for free that you can invoice and payout from, while also transferring what you need to your local bank account.

Multiple payments to suppliers or your team? No problem, with Wise’s batch payments feature. Plus with Wise, you can automate payments, connect your business tools, and create ways to manage your finances with a single API integration. Wise Business was made to help take Indian businesses to the next level. Get started today to see how far your company can go.

Sources used for this article

  1. About PayUmoney
  2. PayUmoney Payments
  3. PayUmoney Payment gateway
  4. PayUmoney Payment fees
  5. PayUmoney Features
  6. PayUmoney e-Wallets
  7. PayUmoney International Payments
  8. PayU Settlement

This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content in this publication. The information in this publication does not constitute legal, tax or other professional advice from TransferWise Limited or its affiliates. Prior results do not guarantee a similar outcome. We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date.

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