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PayU vs. Premier Bank Platform

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    PayU

    Score8 out of 10
    N/APayU is a payment gateway software solution offered by payu.N/A

    Premier Bank Platform

    Score6.4 out of 10
    N/AFinancial technology company Fiserv offers the Premier Bank Platform to banking institutions, providing an environment to integrate data and manage bank operations in a simplified browser-based interface.N/A
    Pricing
    PayUPremier Bank Platform
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    PayUPremier Bank Platform
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional DetailsContact us for pricing details.—
    More Pricing Information
    User Ratings
    PayUPremier Bank Platform
    Likelihood to Recommend
    9.8
    (2 ratings)
    6.4
    (1 ratings)
    User Testimonials
    PayUPremier Bank Platform
    Likelihood to Recommend
    payu
    Payu is extremely affordable. It is great for small businesses which are just starting out. It doesn't have a minimum orders caveat. It doesn't ask for any upfront costs or annual or monthly costs. The only cost you will ever pay is processing fee. I strongly recommend every e-commerce website must try it
    Incentivized
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    Fiserv
    Premier Bank Platform is well suited for a banking environment, it wouldn't really make sense to use it in any other kind of environment. We are a medium sized bank who outsources Platform and it suits us fairly well. They are some issues with Fiserv from time to time but overall Platform allows us to complete our banking duties quickly and with relative ease. Fiserv takes care of updating all aspects of Platform for us so from an IT perspective it saves us a lot of headaches. Most end users are satisfied with Platform, the only grumbling you'll typically hear about is when the service is unavailable.
    Incentivized
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    Pros
    payu
    • Collecting payment
    • Helps to collect payment in various currencies
    • The analytics are just amazing
    • It's easier to send payout to other as well using Payu
    Incentivized
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    Fiserv
    • Because the Premier Bank Platform is developed by Fiserv, a very large company, there are considerable resources to continue to develop Premier and roll out new solutions.
    • It holds most all of our customer data in one central location and transfers that data to other Fiserv apps fairly well.
    • It is fairly intuitive and most users pick up on it quickly.
    Incentivized
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    Cons
    payu
    • Login options could be better for merchants
    • Sometimes payment page fails but that's normal
    Incentivized
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    Fiserv
    • The software itself is currently a bit dated, but it will be overhauled here sometime in 2019.
    • We outsource the platform and sometime the connections to Fiserv are not reliable which cause the platform to be unusable.
    • Fiserv has several different platforms and Premier seems to be the most dated of the bunch, again that appears to be changing in 2019 but in the interim it still remains an issue
    • The customer support can sometimes be lacking when facing issues with the platform, they will tell you they'll fix it later but give no time frames as to when that might be.
    Incentivized
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    Alternatives Considered
    payu
    Incentivized
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    Fiserv
    No answers on this topic
    Return on Investment
    payu
    • Our revenues have increased by at least 10%
    • Our abandoned carts have reduced by at least 15% as the failure due to payment page have reduced
    • We have a better website ranking as we get a high quality backing from Payu. This is good from SEO standpoint
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    Fiserv
    • Platform is absolutely critical to our daily bank operations. It's a bit on the expensive side to setup and maintain but in the end worth the money because of the complete coverage it provides in daily business functions.
    • There are several competitors to Platform but Premier is what our bank has used for many years, even before it's Fiserv acquisition, and what many employees are comfortable with. A switch would involve a massive investment in retraining.
    • A negative impact can be on when there are outages or mishaps on Fiserv's side. Fiserv has a tendency to not compensate you even when they should be obligated to. They seem to play the outlast you game where they hope you will give up and stop asking.
    Incentivized
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    ScreenShots

    PayU Screenshots

    Screenshot of PayU’s global outreach in conjunction with its local presence and expertise eliminates possible obstacles that businesses may encounter when tapping into new markets. By understanding local regulations, we offer the best rates while catering to your customers’ local payment preferences.Screenshot of We are a forerunner in payment processing, utilizing the latest standards and technologies, to ensure payment stacks remain flexible yet fortified against fluctuations in traffic.Screenshot of Our solution’s core architecture is designed to optimize the payment flow both in the back and front ends while ensuring compliance with the highest industry and security standards.Screenshot of Let us help you achieve payment success!