PayU has collaborated with VTEX, one of the largest global digital commerce platforms, to offer multiple payment solutions to VTEX merchants. The unique integration by VTEX to support their merchants in India will provide businesses seamless access to PayU’s payment solutions. The integration aims to simplify payment methods for the merchants using VTEX platform. PayU platform will be available for VTEX’s merchants when they are doing business in India.
The integration will give direct access to multiple local payment methods in India including credit cards, debit cards, UPI, wallets, net banking and others. VTEX merchants include global players operating in different industries.
The integration will offer VTEX merchants affordability and accessibility features and increase transactional volumes. Using PayU, VTEX merchants can offer customised bank-based offers on debit & credit cards to consumers, making purchases more affordable and improving business. In addition, merchants can monitor business performance, initiate refunds, access transaction data, view trends and reports of transactions right from the VTEX dashboard itself, without switching applications. The integration will also pave way for international brands to enter the Indian market and would reduce the go-live time since the payment methods will be quicker and easier for consumers.