Also question is, how secure is PayU?
All PayU servers are PCI-DSS compliant and hence it is safe to save the card information with us. An important thing to note here is that while card number and expiry details are stored in our secure databases, CVV is never stored.
Also, is PayU and PayUMoney same? PayU BIZ and PayUMoney are two different products from the same company i.e PayU Payments Pvt. Ltd. PayU Payments Pvt. Ltd.
Keeping this in view, why is PayUMoney closing?
Digital Wallet player PayUMoney is shutting down operations by the end of January. “Only the PayUMoney wallet service is shutting down because we have two wallets now after citrus acquisition and we want to continue with only one because it doesn't make sense to run two wallets at the same time,” Jitendra said.
How can I get my money back from PayUMoney?
Please follow below steps to process a refund at your end:
- Log in to your PayUmoney Dashboard.
- Click on 'Transactions' tab.
- Please select 'Filter' according to Transaction ID, Type, Date, Status & Source (as per requirement) Select the transaction you want to refund.
- Select the transaction you want to refund.