CCAvenue

Gandhinagar, December 2, 2024 - CCAvenue, a premier brand under Infibeam Avenues, has been recognized as the 'Innovative Payments Solutions Provider of the Year' at the prestigious ETBFSI Exceller Awards 2024. The accolade highlights the company's groundbreaking contributions to the digital payments landscape, particularly through its CCAvenue Mobile App and CCAvenue TapPay solution.

The award ceremony, organized by Times Internet on November 29, 2024, at Sofitel, Mumbai, marked the 6th Edition of the ETBFSI Exceller Awards. This event celebrates outstanding achievements in payment innovation by vendors serving the BFSI sector, including fintechs, banks, and corporates.

CCAvenue stood out for its pioneering TapPay technology, which transforms any NFC-enabled Android device into a smart POS terminal, leveraging Pin-On-Glass technology to enable secure and hardware-free payment acceptance. This solution embodies CCAvenue's commitment to delivering cutting-edge, accessible, and scalable payment solutions for businesses across India.

Pankaj Dedhia, Chief Business Officer at Infibeam Avenues, expressed pride in the achievement, stating: "We are deeply honored to receive this recognition from ETBFSI. This award underscores our relentless pursuit of innovation and excellence in digital payment technology. Our mission with the CCAvenue Business App and TapPay solution is to empower businesses by providing secure, seamless, and affordable payment options, even in the most remote areas of India. This acknowledgment inspires us to continue redefining the future of payments."

The ETBFSI Exceller Awards evaluate participants based on stringent criteria, including transaction volume, regulatory compliance, technology adoption, and the sustainability of solutions. The recognition adds to CCAvenue's remarkable roster of accolades in 2024, including:

• Fintech of the Year at the Indian Leadership Summit & Awards
• Best Digital Payment Facilitator at the Digital Dragons Awards
• Business App of the Year at the Idea Awards
• Superbrands 2023-24

With this award, CCAvenue reinforces its position as a leader in the payments infrastructure space, driving innovation and fostering trust within the fintech ecosystem.

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.