CCAvenue

Infibeam Avenues Limited announced today that its payment gateway brand CCAvenue has recently been declared as 'Best Payments Solution Provider of the Year' by ETBFSI.com for excellence in innovation through CCAvenue TapPay Solution, a significant milestone in the Fintech space. The payment gateway was conferred with the prestigious title at a ceremony organized by Times Internet Limited, on February 17th, 2023 at Hotel Sofitel, Mumbai. The 4th Edition of ETBFSI Excellence Awards is an initiative to recognize latest innovations and unique initiatives by various enterprises, and to acknowledge top achievers with rewards for outstanding contribution in their respective domains.

The 4th Edition of Economic Times BFSI Excellence Awards invites participation from entities including Banks, Insurance Companies, NBFCs, MFIs, Housing Finance Companies, Asset Management Companies, FinTechs, NeoBanks and Corporates providing services or solutions to the BFSI sector, and honors the best performers for their project, its uniqueness and how it impacted the industry or customers. At the event, the organizers acknowledged prominent business players who successfully proved their commitment towards developing innovative strategies, choosing the right technologies, customizing products and providing seamless customer experience amidst a highly challenging environment.

Renowned for its payment gateway solutions, CCAvenue was rewarded with ETBFSI's accolade for its innovative solution - the CCAvenue Mobile App featuring CCAvenue TapPay. Besides offering a scalable payment infrastructure to millions of startups and large scale businesses across the country, the payment aggregator's new solution is designed to disrupt the Indian market with its ability to convert any NFC-enabled Android phone into a smart POS terminal.

CCAvenue has also been recently honored with the esteemed title of 'Superbrands' 2023-24. Prior to this, the payment gateway has made remarkable wins including 'Best Use of Technology' and 'Best Innovator' accolades at the Unlocked Awards 2022, 'Best Tech for E-Commerce' award at the 12th India Digital Awards, 'Best Online Payments Solution - Merchant' title at the Business Innovation Awards and 'Best Online Payments Solution' title at the Drivers of Digital (DOD) Awards, Economic Times Best BFSI Brands 2022, Excellence in Technology (Incumbents) at the ASSOCHAM 2nd Fintech & Digital Payments Awards 2022, and Fintech award for Digital Payments at Governance Now's BFSI Awards 2022.

Commenting on the win, the Senior Vice President - Business Development, at Infibeam Avenues, Mr. Pramod Ganji said "On behalf of Infibeam Avenues Limited, I'd like to thank ETBFSI for honoring us with this prestigious title and for recognizing our strenuous efforts in providing innovative payment solutions. CCAvenue has always strived to offer a rich user experience to its esteemed clients through powerful initiatives in upgrading and by adapting to technology that serves the needs of the current dynamic market. Looking at the remarkable increase in the acceptance of SoftPoS solutions, our CCAvenue Mobile App and TapPay Solution are designed to digitize cash transactions, enable millions of businesses to accept payments securely, and to add value to the proliferation of digital payments."

About CCAvenue
CCAvenue, the flagship brand of Infibeam Avenues Limited, is a PCI DSS 3.2.1 compliant payments platform for eCommerce businesses in India. The organization serves millions of merchants spread across verticals such as Retail, Travel, Real Estate, Telecommunication, Government departments, and Utility billers, Hospitality, Education and Healthcare. It enables merchants to accept online payments through a spectrum of new-age payment options including 6 major Credit Cards, 97+ Debit Cards (All MasterCard / Visa / Maestro / RuPay Cards), Amex EzeClick, 58+ Net Banking, Mobile Wallets, UPI and up to 15 Multi Bank EMI options.