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PayU partners Czech fintech to offer deferred payments in Poland

Jan 26, 2021

Deferred payments with Twisto are currently offered by around 4 thousand retailers in Poland and the Czech Republic

PayU Poland

PayU partners Czech fintech to offer deferred payments in Poland. Source: pexels.com

PayU has partnered with Twisto, a Czech fintech offering deferred payments on the Polish market, to bring extra payment options to the ‘PayU Pay Later’ platform.

The partnership will serve all existing online retailers and brands using the PayU payment system, allowing them to offer Twisto’s deferred payment solution to their customers.

Twisto’s solution will be integrated through the PayU API as part of the ‘PayU Pay Later’ platform. Online shoppers will now have the choice to postpone payments at no extra cost for up to 45 days (up to 21 days without registration, i.e. without creating a Twisto account).

Implementing Twisto into PayU’s payment offering is a great step forward in our mission to offer greater choice to our end users. The partnership continues our strategy to develop a portfolio of consumer finance products offered in cooperation with both our banking partners and the best fintechs in the market. This offering is an excellent addition for the millions of shoppers who pay through PayU each month. Together with Twisto, we are working on making deferred payments available to our partner merchants in the coming weeks
Martyna Szczepaniak, Head of Consumer Credit at PayU

The availability of deferred payments made possible by Twisto in the Polish PayU payment gateway is an extension of the current cooperation of both companies. Since February 2020, PayU has offered Twisto as one of the payment methods for online stores across the Czech Republic.

We’ve reported that MoneyGram International announced the expansion of its Visa debit card deposit service across Europe. The expansion has launched in collaboration with Checkout.com, a global payment solution provider, utilizing Visa Direct.

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