| 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 |
Visa Electron of Axis Bank, Barclays Bank, Canara Bank, Citi Bank, Corporation Bank, Cosmos Bank, Duetsche Bank, HDFC Bank, ICICI Bank, Indian Overseas Bank, ING Vysya, Karur Vysya Bank, Kotak Mahindra Bank, Punjab National Bank, Standard Chartered Bank, State Bank Of India, Union Bank Of India & Yes Bank |
|
Cirrus / Maestro/ MasterCard
Citibank NRI Accounts/ Citibank
|
Support for Net Banking
Transactions |
ABN AMRO Bank / Axis Bank / Bank of Bahrain & Kuwait / Bank of Baroda (Retail & Corporate Banking) / Bank Of India / Bank of Maharashtra / Canara Bank / Corporation Bank / Citibank / City Union Bank / Deutsche Bank / Federal Bank Fed Net Banking / HDFC Bank / ICICI Bank / IndusInd Bank / IDBI i Net Banking / 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) / The Bank Of Rajasthan / South Indian Bank / State Bank Of India / State Bank of Indore / State Bank of Hyderabad / State Bank of Travancore / Syndicate Bank / 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 |
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 10.30% 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) |
