" ITREALMS: PayU Nigeria introduces payment solution for recurring bills

Wednesday, August 09, 2017

PayU Nigeria introduces payment solution for recurring bills

The PayU Nigeria has introduced PayU subscription, which it tagged as a convenient payment method which allows merchants to safely and securely collect payments from consumers who have recurring bills or subscription payments in a seamless way, reports ITRealms.

Country Manager of PayU Nigeria, Ms Juliet Nwanguma said “PayU Subscription is an innovative product for businesses who are looking to offer subscription and recurring bill payments to their customers.”

ITRealms gathered that this service provides customers with a simple, safe and secure alternative to regular direct debit payments.

Nwanguma pointed out that using tokenisation as the underlying technology, PayU offers a card based recurring payment method for the payment of any recurring bills or subscriptions.

“Customers who want to setup recurring or subscription payment is inconvenienced as they are required to physically go to their bank and complete a direct debit order form. With PayU Subscription, all of this is avoided. Merchants only need their customers to choose the recurring payment option as well as the period i.e. weekly, monthly, quarterly or annually,” she said.

Nwanguma pointed out that PayU Subscription allows merchants to improve customer satisfaction by offering a more convenient way for their customers to pay for their subscriptions and other recurring bills.

Uj. N. Dominic/GEE
ITREALMS ... everything news digitally!

Pix: Ms Juliet Nwanguma

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