CCAvenue extends collaboration with Dhanlaxmi Bank to include their Corporate Net Banking facility
8th May, 2024
With the surge in the usage of digital payments by corporate customers in India, leading payment aggregators have started tapping into this segment for the benefit of millions of merchants on board their platforms. CCAvenue payment gateway, the flagship brand of Infibeam Avenues Ltd, has announced that it has expanded its robust alliance with Dhanlaxmi Bank and gone live with the bank's best-in-class Corporate Net Banking facility.
Established in 1927, Dhanlaxmi Bank is a top private banking institution with its headquarters in Thrissur, Kerala. With 560 touch points across India, Dhanlaxmi Bank's vast network serves lakhs of retail and corporate account holders in the country. The bank's total deposits during the third fiscal quarter stood at Rs.14,310 crore, an increase of 10.6% year-on-year. Its advances grew nearly 12% from the previous year to Rs.10,347 crore.
CCAvenue's collaboration with Dhanlaxmi Bank now ensures that its corporate customers can make easy payments on innumerable websites powered by the feature-rich third-party payment gateway. These merchants can now reach out to the bank's huge corporate customer base to augment their earnings considerably.
"We at CCAvenue are proud to go live with the corporate net banking facility of Dhanlaxmi Bank, which has a distinguished track record in the Indian banking sector for nearly a century," commented Mr. T. Nandakumar Menon, Sr. Vice President - Alliances and Operations, Infibeam Avenues Ltd. "Considering the growing importance of corporate internet banking as a payment mode, CCAvenue will continue to offer more such lucrative options for our merchants in the upcoming months and years. The addition of Dhanlaxmi Bank's corporate net banking mode on the CCAvenue platform will also empower a large number of corporate users by providing them a secure, seamless and convenient means of transferring funds to individuals and organisations for all kinds of business payments."
CCAvenue's extension of its longstanding collaboration with Dhanlaxmi Bank enables organisations to meet their online banking needs, including swift fund transfers for online purchases, salary disbursals, utility payments and other financial requirements. Going forward, corporate internet banking will continue to transform the banking landscape and enhance the online payment experience for a large number of corporate customers.
About Dhanlaxmi Bank
Founded in 1927, Dhanlaxmi Bank is a prominent private banking institution based in Thrissur, Kerala. With 560 touch points spread across India, Dhanlaxmi Bank's comprehensive network serves lakhs of retail and corporate account holders in the country. The bank's total deposits during the third fiscal quarter stood at Rs.14,310 crore, an increase of 10.6% year-on-year. Its advances increased nearly 12% from the previous year to Rs.10,347 crore. For more information, visit https://www.dhanbank.com/
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.
Established in 1927, Dhanlaxmi Bank is a top private banking institution with its headquarters in Thrissur, Kerala. With 560 touch points across India, Dhanlaxmi Bank's vast network serves lakhs of retail and corporate account holders in the country. The bank's total deposits during the third fiscal quarter stood at Rs.14,310 crore, an increase of 10.6% year-on-year. Its advances grew nearly 12% from the previous year to Rs.10,347 crore.
CCAvenue's collaboration with Dhanlaxmi Bank now ensures that its corporate customers can make easy payments on innumerable websites powered by the feature-rich third-party payment gateway. These merchants can now reach out to the bank's huge corporate customer base to augment their earnings considerably.
"We at CCAvenue are proud to go live with the corporate net banking facility of Dhanlaxmi Bank, which has a distinguished track record in the Indian banking sector for nearly a century," commented Mr. T. Nandakumar Menon, Sr. Vice President - Alliances and Operations, Infibeam Avenues Ltd. "Considering the growing importance of corporate internet banking as a payment mode, CCAvenue will continue to offer more such lucrative options for our merchants in the upcoming months and years. The addition of Dhanlaxmi Bank's corporate net banking mode on the CCAvenue platform will also empower a large number of corporate users by providing them a secure, seamless and convenient means of transferring funds to individuals and organisations for all kinds of business payments."
CCAvenue's extension of its longstanding collaboration with Dhanlaxmi Bank enables organisations to meet their online banking needs, including swift fund transfers for online purchases, salary disbursals, utility payments and other financial requirements. Going forward, corporate internet banking will continue to transform the banking landscape and enhance the online payment experience for a large number of corporate customers.
About Dhanlaxmi Bank
Founded in 1927, Dhanlaxmi Bank is a prominent private banking institution based in Thrissur, Kerala. With 560 touch points spread across India, Dhanlaxmi Bank's comprehensive network serves lakhs of retail and corporate account holders in the country. The bank's total deposits during the third fiscal quarter stood at Rs.14,310 crore, an increase of 10.6% year-on-year. Its advances increased nearly 12% from the previous year to Rs.10,347 crore. For more information, visit https://www.dhanbank.com/
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.
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