PayU
PayU is expanding, with payments revenue of $577 million in FY26 and Apple Pay now live across its India merchant network of 450,000-plus businesses (Mint, 28 Jul). Apple Pay adoption among those merchants is unconfirmed (Business Today, 30 Sept).
What it means Payment rivals face a PayU that is adding wallet, AI-commerce and UPI infrastructure through its 70% Mindgate stake.
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
Background
From 5 stories, the newest dated 30 Sept 2026. Summary written 3 Oct 2026.
PayU is a payment gateway company that provides online payment solutions to merchants in India. [1] source: IndianWeb2
Show 3 more paragraphs and 5 sources
Business Today reported that it serves more than 4.5 lakh businesses. [2] source: Business Today Its merchant offering includes 100+ online payment methods. [1] source: IndianWeb2
On 30 September 2026, PayU announced Apple Pay integration for its Indian merchant network, covering in-store, in-app and online payments. [1] source: IndianWeb2 Business Today reported that access is limited to eligible Axis Bank credit cards on Visa or Mastercard, with RuPay unsupported at launch. [2] source: Business Today PayU will also help merchants with technical integration and compliance. [3] source: Business Today[1] source: IndianWeb2 The Hindu BusinessLine reported that Apple Pay will reach lakhs of Indian merchants through PayU as it rolls out over the next few weeks. [4] source: The Hindu BusinessLine
In September 2026, PayU was one of five payment platforms, alongside BharatPe, Cashfree, Razorpay and Pine Labs, that launched AI agents to automate failed-payment recovery, chargebacks, refunds and merchant operations. [5] source: Inc42 Inc42 reported that these tools target SMBs and D2C brands, with human approvals retained for money movement and customer contact. [5] source: Inc42
Sources
Questions about PayU
What is PayU's current strategy in India?
In September 2026, PayU added Apple Pay to its Indian merchant network, limited to eligible Axis Bank credit cards on Visa or Mastercard. [2] source: Business Today In the same month it launched an AI agent to automate failed-payment recovery, chargebacks, refunds and merchant operations. [5] source: Inc42
Who are PayU's main competitors?
Inc42 reported in September 2026 that PayU launched AI agents for merchant operations alongside BharatPe, Cashfree, Razorpay and Pine Labs, which launched similar tools for failed-payment recovery, chargebacks and refunds. [5] source: Inc42
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