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The Middle East has emerged as one of the fastest growing regions for Ecommerce globally. More organized retailers and service-oriented firms have started embracing the online space than ever before. The Ecommerce Show Middle East was a pure reflection of the changing times in the region. This 2-day event was held on 31st May and 1st June at the Dubai International Convention & Exhibition Centre. There were over 300 international exhibitors at the Ecommerce show, featuring the latest innovations in the ecommerce, retail & payments space. CCAvenue-Mashreq Bank's amazing synergy were on display at their stall at the exhibition. CCAvenue, South Asia's largest payment gateway, had ventured into a business partnership with Mashreq Bank to widen its footprint by offering advanced payment services to Gulf-based web merchants. Their advanced payment gateway solutions have made a significant impact on the eCommerce industry in the gulf region within a relatively short span of time.
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Boost Transaction Success Rates Appreciably with the Path Breaking CCAvenue DirectLink Integration
Our detailed analysis suggests that one of the reasons for a dip in the transaction success rate is multiple hops in the transaction flow. To reduce the number of hops and improve the transaction success rate, we have introduced ‘CCAvenue DirectLink’ on our platform. This fast and secure integration enables you to deliver payment services directly through your website without redirecting your users to CCAvenue. It gives you control to not only build your own custom checkout form, but also allows you to make a server to server connection with CCAvenue to fetch the payload for payment request process with the banks. CCAvenue DirectLink completes payment processing smoothly and seamlessly even on 2G mobile networks. It supports all payment options such as 6 Credit Cards, 54 Net Banking, 98+ Debit Cards, 6 ATM Cards, 46 Bank's IMPS, 14 Prepaid Instruments and 9 Bank EMI facilities.
Avail our CCAvenue DirectLink Integration that enables quicker and smoother processing of transactions, while enriching your customer's user experience!!
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In a time when the mobile payments space in the country is witnessing phenomenal growth, CCAvenue has become the country’s first PG to add The Mobile Wallet (TMW), a fast-expanding prepaid instrument to its bouquet of payment options. 1 lakh+ eMerchants registered with CCAvenue.com stand to benefit from this alliance as they will now have the opportunity to achieve higher sales from the growing customer base of TMW.
TMW, an offering of The Mobile Wallet Pvt. Ltd. is a relatively new entrant in the eCommerce sector but has already managed to build a large customer base, owing to the many innovative features and high level of convenience it offers. The inclusion of TMW on CCAvenue will allow customers to transact conveniently on 85% of Indian eCommerce sites powered by the payment gateway.
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INDUSTRY NEWS
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5 Things to Test Before Launching Your Online Brand Store
Source: iamwire
Unlike building and opening a brick and mortar store, launching an eCommerce portal entails more tasks that demand your attention.
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Online Grocery Business in India- Which Model Will Succeed?
Source: iamwire
Thanks to tech-backed portals, it is now possible to get all kinds of essentials delivered at one’s doorstep from the comfort of one’s office desk or kitchen counter.
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Best Advice I Ever Got About eCommerce That Changed Everything
Source: iamwireBut the first key thing you must ask yourself is: from a customer point of view, what’s blocking me from doubling my business in the next 30 days?
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India Post Payments Bank to be Operational by September 2017
Source: MedianamaThe department of posts’ payments bank will be called India Post Payments Bank (IPPB). The entity is scheduled to commence commercial operations by September 2017.
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Wallets Aren’t On UPI Because Banks Needed Time To Catch Up – NPCI MD & CEO AP HOTA
Source: Medianama“Wallets already provide a great user experience,” Hota said. “The only limitation is that they can do it in their ecosystem."
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India Overtakes The US As Internet’s Second Biggest User
Source: TechcircleThe number of internet users in India is accelerating compared with a decelerating trend in the US and elsewhere globally, according to Mary Meeker’s Internet Trends Report 2016.
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UP Government Imposes Entry Tax On E-Commerce Goods
Source: NextBigWhatAfter facing protests from local retailers, UP Government has imposed an entry tax of 5% on the e-commerce players.
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No More Surcharge Or Service Fee On Debit Or Credit Card Payments
Source: NextBigWhatWith a far away intent of bringing a cashless economy, the Union Government has scrapped surcharge or service charge on transactions done through cards or wallets.
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Can E-Commerce Save The Indian Farmer?
Source: YourStoryOn April 14, the day which marks the harvest celebration of Baishakhi in India, PM Narendra Modi launched a new initiative – an online platform for farmers.
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How The Government’s 6pc Equalisation Levy On Digital Ads Is Going To Affect Indian Startups
Source: YourStoryIn the Indian fiscal budget presented on February 29, Finance Minister Arun Jaitley proposed inserting a new chapter titled ‘Equalisation Levy in the Finance Bill 2016’.
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