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CCAvenue:: Overview of Payment Processing Service for India - 20 million new customers for CCAvenue merchants! Avenues and Syndicate Bank sign a net banking agreement

New payment options go live on CCAvenue

August 22, 2009

4 new payment options have gone live on ResAvenue Payment Gateway this month. Lakshmi Vilas Bank Net Banking, Standard Chartered Debit Card, Kotak Mahindra Bank Debit Card and Cosmos Bank Debit Card. With the addition of these new payment options, your website will get new customers with the ability to pay.

Lakshmi Vilas Bank, Standard Chartered, Kotak Mahindra and Cosmos Bank each have a sizeable database of customers. The account holders and debit cardholders of these banks will now be able to pay for your products and services directly through their bank accounts or with their debit cards respectively.

Mr. Vishwas Patel, CEO, Avenues, "At Avenues, one of our key efforts is expanding our list of payment options to ensure that our merchants stop losing customers because the customer does not have the right card or bank account. We are happy to announce that we have successful integrated 3 debit cards and 1 net bank. These additions increases ResAvenue Payment Gateway's tally to 5 credit cards, 15+ Indian debit cards, 20 Chinese net banks, 30+ Indian net banks, 3 Singapore net banks, cash cards and mobile payment options. This ensures that you now can get direct access to millions more customers who have a Standard Chartered, a Kotak Mahindra or a Cosmos Bank debit card or have an account with Lakshmi Vilas Bank. We are also in the process of integrating Bank of Kuwait and Bahrain, Syndicate Bank and more."

AvenuesAbout Avenues
Incorporated in the year 2001, Avenues is a zero-debt company that has been profitable from its inception. Avenues is head quartered in Mumbai, India and has subsidiary companies and offices in USA, Singapore and China. Avenues has developed several innovative, cutting-edge ASP hosted solutions that are used by thousands of eMerchants globally. Beginning as a single product company that catered to the local market, Avenues has become a multi-product company that operates on a global scale. The Avenues support and development center is based in Mumbai, India. The total strength of the Avenues team is currently 125 persons spanning across all offices. Avenues has three Business Units namely– Avenues Commercial Services, Avenues Travel Industry Services and Avenues Community Related Services.

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