Realty firm Emaar MGF Land Limited on 27 October 2014 tied up with payment gateway firm PayU India for providing an online payment facility to its customers.
Highlights of the deal
• Emaar MGF customers can now pay EMIs for their properties through PayUMoney.
• PayUMoney will help customers to pay anytime and any amount with no restrictions of NEFT or RTGS.
• The association will enable Emaar MGF to offer a unique and secured payment gateway on its customer service portal e-Services.
• The customers need not make multiple payments for different projects of Emaar MGF. Simply they have to make one payment and PayUMoney will split it among the various projects.
PayU India is one of the world's largest consumer payment processors. PayU India's parent company is Naspers Group, a media and internet firm listed in Johannesberg and London stock exchange.
PayUMoney is a payment solution developed by PayU India. PayUMoney serves more than 40000 businesses with some of the prominent names like bookmyshow, goibibo, rechargeitnow, redbus etc.
Emaar MGF Land Limited
Emaar MGF Land Limited is a joint venture between MGF Developments Ltd and Dubai-based Emaar Properties PJSC. Based in Delhi, the company started operations in India in mid-2005 and is engaged in residential, commercial, retail and hospitality projects across India.
At present, its focus is on the development of residential projects in Delhi and elsewhere in the NCR, Mohali, Hyderabad, Chennai and other key Indian cities.
What: tied up with PayU India
When: 27 October 2014