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Upgrade to TLS 1.2 Standard Now and Continue Accepting Payments Securely
Have you upgraded your website to the latest TLS 1.2 security protocol? If not, then we recommend that you do so at the earliest. The Payment Card Industry (“PCI”) council, along with Visa and MasterCard, have mandated all Merchants, Service Providers and Banks to ensure that their systems are TLS 1.2 compatible so as to establish secure server-to-server connections for processing online transactions successfully without potential threats.
Effective from 1st January 2018, CCAvenue will discontinue support for previous versions TLS 1.0 and TLS 1.1. If your system has not been upgraded to TLS 1.2 protocol by then, transactions on your website will not be successful.
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CCAvenue Enriches Its Advanced Platform with Additional Payment Options For The Benefit of its Huge Merchant Base
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RuPay Credit Card
CCAvenue is one of the first few PGs in the country to be offering the RuPay Credit Card option.
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ICICI Bank ATM-cum-Debit CardCCAvenue has recently included the ATM PIN Debit Card Option of ICICI Bank, India's largest private sector bank.
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Janata Sahakari Bank
Net Banking
CCAvenue.com integrates the net banking facility of Janata Sahakari Bank to its vast payment platform.
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INDUSTRY NEWS
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Emerging Trends in Mobile Payments Processing for 2017 & Beyond
Source: iamwireMobile devices handle everything. From online shopping, to errands and paying bills. Just name it, your mobile devices can complete everything within seconds.
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Digital Payments 2020 - The Making of a $500 Billion Ecosystem in India
Source: The Boston Consulting Group
The payment landscape in India is evolving at a dizzying pace, with digital payments displaying an exponential growth.
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Enchasing on Digital: Financial Services in 2020
Source: The Boston Consulting Group
India is on the cusp of a digital revolution. With rising internet and smartphone penetration and lowering mobile data cost, digital Indians are rapidly increasing.
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UPI transactions grow 12% in July 2017; Rs 3411 cr transacted
Source: MedianamaThe number of UPI transactions in July was around 160% higher than they were at the end of January 2017, accounting to a 12% growth in the total transaction volumes taking place between June and July 2017.
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India had 30.86M credit cards, 880.03M debit cards in May 2017
Source: Medianama
The number of credit and debit cards in India is steadily increasing but debit card issuance outgrew credit cards. Between May 2016 and May 2017, India added some 0.48 million credit cards and 13.03 million debit cards.
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Google Gearing Up To Enter Mobile Payments In India By Integrating Android Pay With UPI
Source: Inc42
Google is in advanced talks with the National Payments Corporation of India to integrate UPI on its digital payment app, Android Pay and has already begun testing UPI-enabled payments.
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NPCI gets RBI nod to operate Bharat Bill Payment System
Source: Livemint
The Reserve Bank of India’s (RBI) final nod to the National Payments Corporation of India (NPCI) to operate the Bharat Bill Payment System (BBPS) will provide a major push to digital payments and formalize the bill payment system in the country.
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India among top nations with potential for digital payments: Digital Evolution Index
Source: ETRetail.com
India has emerged strong, exhibiting a high potential in terms of digital payments and has been categorized under the ‘break out’ segment among 60 countries, according to the Digital Evolution Index 2017.
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