Configure link color in url package

This question discusses configuring link color in Lyx, however the accepted answer (or the question) doesn’t address or solve my problem.

If I use this setting, as suggested:

% Enable links
usepackage{url}
% But I hate pink!
hypersetup{urlcolor=blue}  % Undefined control sequence hypersetup

So how does url package handle this? The documentation (googled, may be outdated) doesn’t even mention word color…

usepackage{hyperref}