under the PayU brand in Brazil. Africa PayJar was founded in South Africa in 2010 as part of the Naspers group to help other Naspers companies process online payments. In 2011, PayJar was rebranded to PayU. In 2015, PayU expanded its operations to Nigeria. India In 2011, Ibibo in conjunction with co-founders Nitin Gupta and Shailaz Nag, rolled out a payment gateway, PayU, in the Indian market to permit websites to integrate e-commerce transactions through online payments. Products and services PayU is a regulated financial institution. It holds licenses from national banks and local regulators. PayU's products include a PCI-DSS certified payment gateway, an anti-fraud system and an online Visa/MasterCard acquirer. See also List of online payment service providers References External links Payment service providers Financial services companies established in 2002 Companies based in North Holland Privately held companies of the Netherlands Online payments