New payment options go live on CCAvenue

22 August 2009 - Mumbai, India

4 new payment options have gone live on CCAvenue 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 CCAvenue’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.”

About CCAvenue

CCAvenue is South Asia’s largest payment gateway solution powering thousands of eMerchants with real time, multi-currency, multiple payment options online payment processing services. The solution is powered by proprietary technology that integrates transaction processing, advance shopping cart, auction payment collection facility, fraud control, financial reporting and order tracking. CCAvenue is the only complete PG solution in the region that has the unique ability to offer the full spectrum of Internet payment options, including:

• All types of Credit Card processing through Multiple Banks and Card Associations
• Debit Card processing
• Direct Debit to bank accounts of 20 Indian Banks, 22 Chinese Banks and 3 Singapore Banks
• Mobile Payment Solutions via PayMate®
• Cash Card Processing of ITZ Cash®