Zenith, part of Publicis Media India, has won the full range of media duties of payments solutions brands Citrus Pay and LazyPay. Both are a part of the fintech company PayU India.
Citrus Pay provides payment gateways, one-tap pay and other innovative solutions. It has over 8,000+ merchant partners and 21 million registered users. LazyPay, on the other hand, is a deferred payment facility. It appears as a payment option on checkout at websites and apps integrated with the product. Citrus Pay was bought by PayU India last September and LazyPay is a product developed by Citrus.
Tanmay Mohanty, Group CEO, Zenith, says, “We are pleased to have won the media business of two innovative and ambitious digital payments solutions brands Citrus Pay and LazyPay. With mobile becoming ubiquitous, the digital payments business stands at an inflection point. Greater financial literacy and financial inclusion will ensure that the digital payments sector grows visibly. Both Citrus and LazyPay have significant expansion plans and we hope to give them the competitive edge. The payment solutions space is dynamic and super-charged, and Zenith will lead the two brands to success and market leadership. We look forward to delivering spectacular results for the Payu team.”
Abhijit Bhattacharya, Head Marketing, Consumer Business from PayU India, says, “Zenith is a great strategic partner to have, with a wealth of experience in the financial services and payments sector. Zenith understands technology and its strong data-driven approach to media strategy will no doubt deliver tangible returns for us. The agency comes with a unique ROI-based proposition, stellar credentials and volume of good solid work. They have a strong foothold in diverse areas such as data, analytics and content. Their inventive spirit, rigorous mindset and motivated teams will no doubt help create effective communications strategies. We look forward to a long and fruitful partnership.”