PayU, Footprint Lab to Make FinTech Carbon Neutral

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by KnowESG
KnowESG_PayU, Footprint Lab to Make FinTech Carbon Neutral
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PayU India, a leading online payment solutions provider, has partnered with Footprint Lab, an Australian cleantech startup, to make it easier for customers to offset their carbon emissions.

As part of the partnership, PayU India will integrate Footprint Lab's carbon offsetting calculator into its checkout experience. This will allow customers to calculate the carbon emissions associated with their purchase and offset them by making a donation to a verified carbon offset project.

"We are committed to sustainability and responsible financial practices," said Vineet Sethi, SVP – Diversified Financial Services at PayU India. "This partnership is a step towards making it easier for our customers to take climate action and contribute to a more sustainable future."

"FinTechs like PayU are ideally placed to become GreenTechs," said Janet Salem, Co-Founder – FootprintLab. "We have the data and insights to make carbon offsetting easy and accessible for everyone."

The partnership between PayU India and Footprint Lab is a significant step towards making carbon offsetting more mainstream. It is a win-win for customers, businesses, and the environment.

Here are some additional details about the partnership:

  • The carbon offsetting calculator will be integrated into PayU India's checkout experience.

  • Customers will be able to calculate the carbon emissions associated with their purchase.

  • Customers can offset their carbon emissions by making a donation to a verified carbon offset project.

  • The partnership is a step towards making it easier for customers to take climate action and contribute to a more sustainable future.

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Source: IBS Intelligence

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