PayU eases Residential Societies' worry for due payment

Amid global pandemic, PayU, has launched an initiative to help residential societies and its residents to collect and transfer their dues online. Through PayU’s offering, a resident welfare association (RWA) will be able to build a free customized website for its society with a built-in payment gateway and give residents a seamless checkout experience.

This initiative will be certainly of great help for residents living in the society in the given scenario, because of its contactless nature and quick payment collection technology, adding to their safety and health aspect. For societies, customisable webfronts offer free websites, easy tracking and reconciliation of payments for administration purposes and reduction of human error. For residents, they offer a contactless, convenient and highly secure and transparent mode of paying their monthly dues.

The societies and RWA’s will be able to collect their dues instantly with payment links, which can be easily created and shared with residents via SMS, email and WhatsApp from the web or PayU app. The dues will be transferred immediately to the RWAs bank account. The residents will be able to pay their dues via 100+ payment modes including credit cards, debit cards, UPI, Net banking etc.,  from anywhere, anytime in a single click.

Recently, PayU also launched several innovative initiatives to help merchants, small and medium businesses (SMBs), NGOs and entrepreneurs manage the disruption caused by the COVID-19 crisis. For SMB’s, PayU offered to build a free website for any merchant's business with a built-in payment gateway and get 100% TDR waiver on the first INR 50,000 worth of business done via PayU. Extending their support to NGOs and charities in collecting relief donations for COVID-19, PayU had announced zero transaction fees and processing of donations at no cost.