PayU to launch consumer credit and digital banking service

Fintech companies in India have been on a roll lately, thanks to the demonetization efforts by the government. Riding on the wave, PayU who is also one of the leading payment service providers, is planning to launch two new services — consumer credit and digital banking. The introduction on the new services is a part of the company’s plan to become an all-round payments hub. It is aiming to diversify its business and in the process, has accelerated merchant acquisition. Read more: