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Infibeam Avenues
gets final nod
from RBI for CCAvenue to operate as payment aggregator
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We are thrilled to announce that Infibeam Avenues Ltd has recently received the final authorization from RBI to operate as a Payment Aggregator (PA) under the Payment Settlements Act, 2007 for our payment gateway brand, CCAvenue. In October 2022, our company had received "in-principle" approval from the RBI to conduct operations. Vishwas Patel, our Joint Managing Director said that the company is grateful to the RBI for granting the PA licence. This is a testimony of our unwavering commitment to maintaining ever-evolving regulatory standards, and highlights the significance of our role in advancing the digital payments industry over the last 24 years.
We at CCAvenue sincerely thank all our merchants, banking & other alliance partners, end customers as well as our employees for making this happen through your steadfast and invaluable support!
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CCAvenue takes home the Best Digital Payment Facilitator title at the Sixth Annual Digital Dragons Awards & Summit
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In another breathtaking moment, CCAvenue, the globally acclaimed payment gateway brand of Infibeam Avenues, was announced as the winner of 'Best Digital Payment Facilitator' title at the Sixth Annual Digital Dragons Awards & Summit 2023. The payment aggregator was honored with the prestigious accolade for creating a striking example of excellence in the digital payments space through its contribution in the development of innovative products and solutions. The trophy was awarded to Infibeam Avenues in a virtual assembly held by the Indian Business Council (IBC) on 15th Feb 2024. Being one of the flagship events of IBC, this Summit was aimed at recognizing individuals, organizations and agencies for their outstanding offerings to the digital industry.
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INDUSTRY NEWS
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NPCI eyes a more evenly sliced UPI pie
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From Cash to UPI: How evolution of digital India fueled online payments?
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RBI has taken these eight steps to keep your digital payments safe
Source: Livemint
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INFIBEAM AVENUES. All Rights Reserved.
