The PayU Nigeria has
introduced PayU subscription, which it tagged as a convenient payment method
which allows merchants to safely and securely collect payments from consumers
who have recurring bills or subscription payments in a seamless way, reports ITRealms.
Country Manager of PayU Nigeria, Ms Juliet Nwanguma said
“PayU Subscription is an innovative product for businesses who are looking to
offer subscription and recurring bill payments to their customers.”
ITRealms gathered
that this service provides customers with a simple, safe and secure alternative
to regular direct debit payments.
Nwanguma pointed out that using tokenisation as the
underlying technology, PayU offers a card based recurring payment method for
the payment of any recurring bills or subscriptions.
“Customers who want to setup recurring or subscription
payment is inconvenienced as they are required to physically go to their bank
and complete a direct debit order form. With PayU Subscription, all of this is
avoided. Merchants only need their
customers to choose the recurring payment option as well as the period i.e.
weekly, monthly, quarterly or annually,” she said.
Nwanguma pointed out that PayU Subscription allows merchants
to improve customer satisfaction by offering a more convenient way for their
customers to pay for their subscriptions and other recurring bills.
Uj. N. Dominic/GEE
ITREALMS ... everything news digitally!
Pix: Ms Juliet Nwanguma
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