A Payment solutions firm, PayU Nigeria has introduced PayU Subscription, a convenient payment method, which allows merchants to collect payments from customers who have recurring bills or subscription payments.  

Country Manager of PayU Nigeria, Juliet Nwanguma said: “PayU Subscription is an innovative product for businesses who are looking to offer subscription and recurring bill payments to their customers.” 

It provides customers with a simple, safe and secure alternative to regular direct debit payments. Using tokenisation as the underlying technology, PayU offers a card based recurring payment method for the payment of any recurring bills or subscriptions.
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Customers who want to setup recurring or subscription payments are experience difficulty as they are required to go to their bank to complete a direct debit order form. But with PayU Subscription, this is avoided. 

Merchants only need their customers to choose the recurring payment option on a weekly, monthly, quarterly or yearly basis.“PayU Subscription allows merchants to improve customer satisfaction by offering a more convenient way for their customers to pay for their subscriptions and other recurring bills.”

“Ultimately, PayU Subscription helps merchants boost collections and revenue in a quick, convenient and simple way,” Nwanguma added.