Press Room |
July
10, 2002 *The hottest new Value-add from IDBI:
Tie up with CCAvenue!
July 10, 2002 IDBI Net Banking
division of IDBI has tied up with CCAvenue.com,
India's first neutral online payment gateway.
This latest association will enable the account
holders of IDBI Net Banking to shop on any of
the hundreds of CCAvenue appointed merchants
sites and pay online in realtime through their
IDBI i-net banking accounts.
When shopping through CCAvenue,
customers can now pay for their purchase in
the Indian currency when buying from an Indian
seller. This saves the Indian buyer valuable
forex; and lets him to purchase in the currency
he is most comfortable in; namely, Indian Rupees.
By tying up with CCAvenue,
IDBI Net Banking has now made it so much easier
for its customers to discover the true power
and convenience of online shopping. IDBI Net
Banking tie-up is the latest in CCAvenue.com's
network of associates. The company's objective
is to facilitate a medium that will help the
Indian businesses and customers experience the
full potential of online transactions. To this
end, CCAvenue is focused on providing quality
service and wide range of payment options to
online shoppers.
"IDBI Net Banking had
been on our list of payment gateways from Day
One," shared Mr. Vishwas Patel, CEO of
Avenues. "The last decade has seen IDBI
change its image from being exclusively a corporate
bank to a retail customers' bank. This twin
customer base is what we at CCAvenue are looking
to service through this tie-up!"
About IDBI
IDBI, the tenth largest development bank
in the world has promoted idbi bank to mark
the formal foray of the IDBI Group into commercial
Banking. This initiative has blossomed into
a major success story of a network that today
spans 61 cities, 82 branches & 244 ATMs.The
bank currently has over half a million customer
accounts and is now-poised to touch a million
during next 12-18 months. Idbi Bank is India's
youngest and one of the fastest growing new
private sector banks.The Bank is surging ahead
from strength to strength and is fast transforming
into a technology led, service driven, financial
services marketing company, managed with intellectual
integrity..
About Avenues
Avenues is a profitable, debt-free company and currently services thousands of eMerchants worldwide through its solutions www.CCAvenue.com, www.ResAvenue.com, www.EventAvenue.com, www.MembersAvenue.com, www.TrustAvenue.com, www.BpoAvenue.com. It is the largest integrated eCommerce solutions provider in South Asia. Avenues has shown revenue growth and profit growth consistently, year on year. Avenues is incorporated in India, and has offices in Singapore, Hong Kong, and USA. The Avenues support and development center is based in Mumbai, India. The total strength of the Avenues team is currently 120 personnel, spanning across all disciplines. For more information, log onto: www.Avenues.info
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