An ecommerce store without proper payment methods setup is likely to not make any profits. Without the money coming in, you’re not going to survive! You have to give your customers as many options as you can, to make payments according to their preference. It can be a payment gateway, a bank transfer, a cheque or even cash on delivery.
PayUMoney is a third party digital payment service. You can receive payments securely through debit or credit cards, net banking, and e-wallets. It comes with flexible features like handling refunds (partial or full), settlements and dispute management. With 128 bit SSL encryption and a two-factor authentication system, you can be assured of a secure payment transaction.
Do you use PayUMoney merchant account to receive payments? We’ve created an extension to allow you to integrate your PayUMoney business account with your Magento 2 ecommerce store.
In this tutorial, you’ll learn how to setup our Magento 2 PayU Money Extension to receive payments via PayUMoney.
After you’ve got the PayUMoney Extension installed, follow these steps to add PayU money to your default payment methods.
Step 1: Go to Stores => Configurations (under Settings)
Step 2: Expand the Sales tab from the left sidebar and click on Payment Methods.
Step 3: Scroll down to the PayU section and expand:
Step 4: Fill in the following details:
- Enabled: Set this to “Yes” to enable PayU money to be displayed as default payment method.
- Title: Set the title you want your customers to see when they are browsing payment methods during checkout.
- Account Type: Select the PayU account type you want to receive payments in.
- Environment: Select whether you’re testing out this payment method or you want to it be on your live site.
- Sandbox: For testing purpose
- Production: Live site
- Merchant Key: Fill in your PayU account’s merchant key.
- Salt Key: Fill in your PayU account’s salt key.
Note: You can find your PayU accounts merchant and salt key by logging in to your PayUMoney account. Go to Manage Account settings and click on My Account from the left sidebar.
Step 5: Once you’ve filled in the required details, click on the Save Config button.
You’ll be prompted to refresh invalidated cache types by a system pop-up message.
Follow these steps to flush cache in Magento 2.
Now you can accept payments via PayUMoney on your store.
This concludes our tutorial on how to use PayUMoney for accepting payments using our PayU Money Extension.