Dev Labtech Venture Enters into Partnership with PayU Payments for Smooth Online Transactions

Dev Labtech Venture Ltd has signed a Master Service Agreement with PayU Payments Private Limited, allowing the company to accept all forms of online payments. The alliance is designed to provide better digital payment solutions, ensuring safe and smooth transactions for customers.

 

Key Highlights:

✅ Strategic Partnership: The PayU Payments partnership enables Dev Labtech to extend its digital payment infrastructure, enhancing customer convenience.

✅ Multiple Payment Options: The firm will now facilitate multiple online payment options, such as UPI, credit/debit cards, and net banking.

✅ Market Expansion: The action is in line with India's expanding digital economy, further demonstrating Dev Labtech's focus on fintech innovation.

✅ Regulatory Compliance: The agreement follows SEBI’s financial disclosure norms, ensuring transparent corporate governance.

✅ Future Outlook: Analysts predict increased transaction volumes, with Dev Labtech leveraging PayU’s expertise in digital payments.

 

With this strategic collaboration, Dev Labtech Venture Ltd is poised to enhance its digital payment ecosystem, ensuring seamless transactions for customers and business partners.

 

Source: Rediff, Economic Times, Moneycontrol