Weview Wednesday – PayU Wallet

prelin —  February 13, 2013 — Leave a comment

payu_logo_2_1

As ecommerce continues to boom payment gateways are popping up and becoming fairly competitive. PayU is a payment Gateway for which payments can be successfully and safely made online. The PayU service offering extends to businesses, as well as to individuals with the PayU service. Today we take a look at the feature, which allows for individuals to pay, via the PayU Wallet.

PayU is an electronic wallet that enables all customers to securely and conveniently spend money online or via their mobile phone. You can pay for services from existing merchants Kalahari.com, Pick ‘n Pay and DStv BoxOffice Customers can link their credit card to their wallet to securely and quickly make payments.

Best of all the PayU customers do not need to belong to a particular cellular network – all they need is a mobile phone and/or Internet connection to use the service.

How to register?

To sign up go to https://www.payu.co.za/signup.do or by using the mobi site: https://m.payu.co.za

  • Enter all your details as well as enter a password and ID number.
  • Once you have an account you need to link your Credit Card. You are now ready for payments

When making a payment online with sites such as Kalahari.com you can choose the PayU service and checkout without entering your credit card.

Pro’s

  • No sign up fees
  • No monthly fees
  • No minimum balance
  • No fees for loading money into your wallet (even when you spend) *

*You will be billed at the relevant rates by your Mobile Network Operator for USSD (when you dial *120*7298#)

Con’s

  • Limited retailers
  • Unless you use these retailers often there isn’t a huge time saving
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