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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
Bank of Bahrain and Kuwait signs agreement with Avenues: BBK customers can now pay for room reservations at any ResAvenue hotel effortlessly.

April 29, 2009 - Mumbai, India.

'Continuous evolution and excellent service are the keys to customer satisfaction.'

Avenues and the Bank of Bahrain and Kuwait (BBK) share a common focus ‘to provide their customers the absolute best in terms of technology and service’ and they have announced that they are joining hands to further this objective.

Bank of Bahrain and Kuwait signs agreement with AvenuesThe Bank of Bahrain and Kuwait has signed a net banking agreement with Avenues, South Asia’s largest payment gateway solution, which is also the parent company of ResAvenue. This agreement will not only consolidate Avenues' position as the largest direct debit engine in India but will also enable BBK customers to make room reservations directly online.

Thousands of hoteliers utilize the ResAvenue solution and BBK customers will now easily be able to make room reservations directly through their BBK bank account or with their BBK debit card. ResAvenue hoteliers will also benefit from this agreement, as it will expand their reach to a whole new market.

Avenues' CEO Mr. Vishwas Patel said, 'Avenues continuously strives to provide its associated merchants, hoteliers and event organisers the best in terms of payment options. Last year, we added 7 Indian banks to our direct debit engine and a new payment type - debit cards with 11 options. This year has begun successfully with 5 new net banking and debit card tie-ups and the introduction of a new phone payment mode – PhonePay. With more tie-ups in the pipeline, we aim to become not only the largest debit engine but the best payment solution in India and the world.'

The Bank of Bahrain and KuwaitAbout Bank of Bahrain and Kuwait
The Bank of Bahrain and Kuwait was established in 1971 in both the Kingdom of Bahrain and the State of Kuwait. It is involved in almost all sectors of business - Government, Public companies, large corporations, medium sized companies or small commercial outfits.

BBK employs the avant-garde technologies to make banking simpler, convenient and flexible. It provides top quality services through a number of dedicated and professional account managers that are here to serve you at all times. Currently, the bank now operates in four countries with 17 branches in Bahrain and international branches in Kuwait, Mumbai, Hyderabad and a representative office in Dubai (UAE).

AvenuesAbout Avenues
Avenues is a profitable, debt-free company and currently services thousands of eMerchants worldwide through its solutions -,,,, It is incorporated in India, and has offices in Singapore, Hong Kong, and USA. Avenues is the largest integrated eCommerce solutions provider in South Asia and has shown revenue growth and profit growth consistently, year on year. For more information, log onto:

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