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Digital payment firm PayU eyes sevenfold growth in SMB vertical

Digital payment firm PayU sees SMB surge

Digital payment firm PayU said its small and medium business (SMB) vertical saw a growth rate of almost 80-90% or twice the growth rate of the firm. In the next 4 years, this vertical may see 5 to 7 times growth, said Mohit Gopal, senior VP, PayU India. He said volumes in the vertical grew 5 times over the last 4-5 years as SMBs were fast adopting the digital mode of payment.


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Printable version | Dec 3, 2021 1:23:42 PM | https://www.thehindu.com/business/digital-payment-firm-payu-eyes-sevenfold-growth-in-smb-vertical/article37201082.ece

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