CCAvenue

From Left to Right: Mr. Shridhar Nene, Chief Manager, TJSB Bank (Left), Mr. T. Nandakumar Menon, Vice President - Alliances & Operations (Middle), Ms. Subbalakshmy Shirali, CGM, TJSB Bank (Right)

In a move aimed at further consolidation of its large payment network, CCAvenue, India's leading payment aggregator and flagship brand of Infibeam Avenues Ltd has signed a deal with TJSB Sahakari Bank Ltd (TJSB) to offer its net banking facility for the benefit of millions of online businesses availing its advanced payment solutions. TJSB Bank's customers will soon be able to make easy payments on a large number of websites powered by CCAvenue through a direct debit in their account.

Founded in 1972, TJSB Bank, a leading urban cooperative bank of Maharashtra has emerged as among the top multi-state scheduled co-operative banks in India. With its headquarters in Thane, the bank operates through a vast network of 136 Branches spread all over the states of Maharashtra, Goa, Karnataka, Gujarat, and Madhya Pradesh.

Thanks to its "illustrious past, glorious present and promising future", TJSB bank strives towards being the financial destination offering trusted and quality solutions which meet the requirements of individuals and businesses. The bank has witnessed unprecedented growth and as of 31st March 2022 it has a business mix of INR 20,059 Crore and a net profit of Rs.155 Crore. TJSB enables a host of digital banking channels that encompass Internet Banking, SMS Banking, Mobile Banking, Unified Payment Interface (UPI), and Bharat Bill Payment System (BBPS) among other state-of-the-art services.

"We at CCAvenue are excited to announce our collaboration with TJSB Bank to include their net banking facility on our comprehensive payments platform,"commented Mr. T. Nandakumar Menon, Vice President - Alliances and Operations, Infibeam Avenues Ltd."CCAvenue has one of the largest direct debit engines in the country comprising the net banking options of nearly 60 banks. This partnership will enable the rapidly growing customer base of TJSB Bank to transact conveniently on innumerable Indian websites powered by CCAvenue payment gateway. It would be a win-win situation for our merchants as they can tap into this new consumer segmentation to drive revenue and expand their business substantially."

As CCAvenue payment gateway rolls out more such lucrative payment options in the coming months and years, innumerable merchants availing its services can look forward to brighter prospects for their online businesses.

About TJSB Sahakari Bank Ltd
Established in 1972, TJSB Bank, a leading urban cooperative bank of Maharashtra has emerged as among the top multi-state scheduled co-operative banks in India. TJSB enables a host of digital banking channels that encompass Internet Banking, SMS Banking, Mobile Banking, Unified Payment Interface (UPI), and Bharat Bill Payment System (BBPS) among other state-of-the-art services.With its headquarters in Thane, the bank operates through a vast network of 136 Branches spread all over the states of Maharashtra, Goa, Karnataka, Gujarat, and Madhya Pradesh. Thanks to its illustrious past, glorious present and promising future, TJSB bank strives towards being the financial destination offering trusted and quality solutions which meet the requirements of individuals and businesses. The bank has witnessed unprecedented growth and as of 31st March 2022 it has a business mix of INR 20,059 Crore and a net profit of Rs.155 Crore.
For more information, visit http://www.tjsbbank.co.in

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.