| Product
Features |
CCAvenue |
Indian
Financial Institutions
|
Citibank |
Credit Cards
Accepted |
American Express Diners Club /
JCB Cards
/ Master Card /
Visa |
Master Card/
Visa |
| Master Card /Visa/ Diners Club/Citibank E-Cards |
|
| Debit Cards |
MasterCard (Maestro and Cirrus), Visa (Electron and Plus) |
|
Cirrus / Maestro/ MasterCard
Citibank NRI Accounts/ Citibank
|
| ATM cum Debit Cards |
Canara Bank / Citi Bank / Indian Overseas Bank / Punjab National Bank / State Bank Of India / Union Bank of India |
|
|
Support for Net Banking
Transactions |
Andhra Bank / Axis Bank / Bank of Bahrain & Kuwait / Bank of Baroda (Retail & Corporate Banking) / Bank Of India / Bank of Maharashtra / Canara Bank / Catholic Syrian Bank / Central Bank of India / Citibank / City Union Bank / Corporation Bank / Development Credit Bank / Deutsche Bank / Federal Bank Fed Net Banking / HDFC Bank / ICICI Bank / IDBI i Net Banking / Indian Overseas Bank / IndusInd Bank / ING Vysya Bank Ltd. / Jammu & Kashmir Bank / Karnataka Bank / Karur Vysya Bank Limited / Kotak Mahindra Bank / Lakshmi Vilas Bank / Oriental Bank Of Commerce / Punjab National Bank / Punjab National Bank (Corporate Banking) / Royal Bank of Scotland / Standard Chartered Bank / South Indian Bank / State Bank Of India / State Bank of Indore / State Bank of Hyderabad / State Bank of Mysore / State Bank of Travancore / Syndicate Bank / Tamilnad Mercantile Bank Ltd. / The Bank Of Rajasthan / Union Bank Of India / Vijaya Bank / Yes Bank
|
Nil |
Citibank Nri Accounts/
Ctibank Current
Accounts/
Citibank Suvidha
Accounts
|
| Mobile Payments |
Paymate / Giftmate / SBI Mobile |
Nil
|
Nil |
| Cash Cards |
Itz Cash, Done Card |
Nil
|
Nil |
| PRICING |
CCAvenue |
Indian
Financial Institutions |
Citibank |
| Start
up cost |
|
a) Setup integration fees
(One Time Non Refundable) |
Privilege
 |
Premium |
Economy |
Rs.75,000/-
|
Rs.70,000/-
|
Rs.
40,000/-
|
Rs.
25,000/-
|
Rs.
7,500/-
|
| b) Security Deposit |
Nil
|
Nil |
Nil |
Rs.75,000 |
Rs.5,00,000
|
| c) Due Diligence |
Nil
|
Nil |
Nil |
Nil |
Rs.25,000/- |
| d) VeriSign Global SSL 128 bit Certificate Cost (Annual) |
Nil (not required)
|
Nil (not required)
|
Nil (not required)
|
Rs.48,000/- |
Rs.48,000/- |
Recurring
Cost |
CCAvenue |
Indian Banks HDFC, ICICI |
Citibank |
a) Per Transaction
Discount Rate (Credit Card) |
 |
| 3%* |
|
|
|
|
|
b) Per Transaction
Discount Rate (Net Banking) |
4% |
4% |
4% |
N.A. |
3.5% |
| c) Monthly Rentals |
Nil |
Nil
|
Nil
|
Rs.5,000 ** |
Nil
|
| d) Software Upgradation Cost (Per Annum) |
Rs.3,600 |
Rs.2,400 |
Rs.1,200 |
Nil |
Rs.15,000 |
| e) Manpower cost(monthly) |
Nil
(Do it yourself ease)
|
Nil
(Do it yourself ease)
|
Nil (Do it yourself ease)
|
25,000(trained resource required for doing file uploads, captures, refunds, etc on bank servers) |
25,000 (trained resource required for doing file uploads, captures, refunds, etc on bank servers) |
| |
Service Tax and Education Cess 12.36% extra on all payments |
| |
* Except American Express / JCB at TDR 5% + tax |
|
| Integration
Process |
CCAvenue |
Indian Banks HDFC, ICICI, CenturionBOP |
Citibank |
| a)
Ease of Integration |
Very
Simple |
Difficult |
Complex |
| b)
Time to integrate |
Less
than a Hour |
15
days to 1 month |
15
days to 1 month |
| Transaction
Security |
CCAvenue |
Indian Banks HDFC, ICICI, CenturionBOP |
Citibank |
a) Credit Card
Verification Method ( i .e . C V V 2 for VISA ,C V C 2 for MASTER CARD
(
What is this?) |
Yes |
No |
Yes |
| b) IP Address mapping and cardholder reverse look-up |
Yes |
No |
No |
c) Manual Verification Support |
|
Yes |
No |
No |
| d) Verified By Visa- and MasterCard SecureCode security |
Yes |
Yes |
No |
| e) PCI DSS 1.1 |
Yes |
No |
No |
| Additional
Features and Support |
CCAvenue |
Indian Banks HDFC, ICICI, CenturionBOP |
Citibank |
| a)
Live Merchant
Support |
Yes |
No |
No |
b) Ready-made Advanced Shopping cart with your site look and feel
|
Yes |
No |
No |
| c) Support for Auction Payment Collection |
Yes |
No |
No |
| d) Support for Bill Collection Facility |
Yes |
No |
No |
| e) Support for Transaction Failure Bill Collection Facility- |
Yes |
No |
No |
| f) Online Transaction Accounting Module |
Comprehensive |
Limited |
Limited |
| g) Instant SMS and Email Order Alerts |
Yes |
No |
No |
| h) 'Virtual Terminal' |
Yes |
No |
No |
i) Payment Gateway
Redundancy |
4 different payment gateways integrated.3 back up gateways are always available to process MasterCard and Visa Cards |
Only one gateway (You lose transactions during downtime and maintenance) |
Only one gateway (You lose transactions during downtime and maintenance) |
