| Product
Features |
CCAvenue |
Indian
Financial Institutions
|
Citibank |
Credit Cards
Accepted |
AMERICAN EXPRESS/
MASTER CARD/
VISA/ DINERS CLUB/CITIBANK
E- CARDS/JCB CARDS |
MASTER CARD/
VISA |
MASTER CARD /VISA/ DINERS CLUB/CITIBANK E-CARDS |
|
Support for Net Banking
Transactions |
ABN AMRO BANK / AXIS i CONNECT / CANARA BANK / CORPORATION BANK / CITIBANK NRI ACCOUNTS / CTIBANK CURRENT ACCOUNTS / CITIBANK SUVIDHA ACCOUNTS / CENTURION BANK OF PUNJAB / FEDERAL BANK FED NET BANKING* / HDFC BANK / ICICI BANK / INDUSIND BANK / IDBI i NET BANKING / JAMMU & KASHMIR BANK / KARUR VYSYA BANK LIMITED / KOTAK MAHINDRA BANK / ORIENTAL BANK OF COMMERCE / PUNJAB NATIONAL BANK/ THE BANK OF RAJASTHAN / STATE BANK OF INDIA / UNION BANK OF INDIA / YES BANK
|
NIL
|
CITIBANK NRI ACCOUNTS/
CTIBANK CURRENT
ACCOUNTS/
CITIBANK SUVIDHA
ACCOUNTS |
| Mobile Payments |
PAYMATE |
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) |
Premium |
Economy |
Rs.75,000/-
|
Rs.70,000/-
|
| Rs.
25,000/-
|
Rs.
7,500/- |
| b) Security Deposit |
Nil
|
Nil |
Rs.75,000 |
Rs.5,00,000
|
| c) Due Diligence |
Nil |
Nil |
Nil |
Rs.25,000/- |
| d) VeriSign Global SSL 128 bit Certificate Cost (Annual) |
Nil (not required) |
Nil (not required) |
Rs.48,000/- |
Rs.48,000/- |
Recurring
Cost |
CCAvenue |
Indian Banks HDFC, ICICI, CenturionBOP |
Citibank |
a) Per Transaction
Discount Rate (Credit Card) |
*5% |
*7% |
3.5% |
3.5% |
b) Per Transaction
Discount Rate (Net Banking) |
4% |
4% |
N.A. |
3.5% |
| c) Monthly Rentals |
Nil
|
Nil
|
Rs.5,000 ** |
Nil
|
| d) Software Upgradation Cost (Per Annum) |
Rs.2,400 |
Rs.1,200 |
Nil |
Rs.15,000 |
| e) Manpower cost(monthly) |
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) |
| 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 |
| 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) |
5.0, 
4.7 & above versions.
