PayUPaisa announces ‘ZERO Transaction Charges' on online payments

PayUPaisa, the new online payment solution brand from PayU India, has announced to make its payment gateway services absolutely free. It has rolled out a ‘ZERO Transaction Charges offer', valid till September 30, 2013, waives off transaction charges levied on a merchant for any transaction. This means a merchant doesn't need to pay any TDR (Transaction Discount Rate or Merchant discount Rate) to PayUPaisa on any transaction. All existing merchants have been automatically upgraded to this free offer.

"With the launch of PayUPaisa, we started with an objective to revolutionize the way online payments happen in our country. We aspire to make online payments easier, simpler and convenient for sellers and buyers. With our ZERO transaction charge offer the revolution has been directed to the next level. As it will encourage more sellers to take the online route and help in further adoption of online payment. We promise not to charge any - transaction charge, setup cost, taxes, hidden fees and annual maintenance charges. We are affirmative that this would further assist us in transforming the online payment space," said Nitin Gupta, co-founder and CEO, PayU India.

PayUPaisa also offers a gamut of free tools like webstores, webfronts and e-mail invoice to anyone who wants to collect money online. This offer stands valid for merchants opting for these free tools as well. Zero Transaction charge offer is.