March 2015

CCAvenue offers IMPS for merchant payments enabling 930 million mobile users in India to make real-time payments via mobile phones

With more and more customers opting for mobile banking services, inclusion of IMPS (Immediate Payment Service) as a payment option on CCAvenue comes as quite a significant development. IMPS is an interbank electronic fund transfer service provided by NPCI (National Payments Corporation of India) through its existing NFS switch, enabling customers to make real-time, 24x7 payments to merchants or enterprises via mobile phone instantly in a secured manner with immediate confirmation. According to NPCI, the number of IMPS transactions in January 2015 alone was 10.2 million with a gross value of INR 7,337 crores, indicating a rapid growth in IMPS transaction volumes, and in turn a huge business opportunity for our merchants.

CCAvenue Wins 'Best Digital Payment Facilitator' Award Presented by Etailing India to Complete a Golden Hat-Trick

We are thrilled to announce that CCAvenue, your preferred payment gateway, has completed a golden hat-trick of awards after being presented with the 'Best Digital Payment Facilitator - 2015' by Etailing India at The eTales award ceremony. The prestigious event was conducted as part of the Etailing India Expo 2015 held at Hotel Sahara Star, Mumbai, on 24th-25th February, 2015. The award was received by Mr. Mohan Nair, CMO, and Mr. Pankaj Dedhia, Sr. Manager - Marketing, Avenues India, from Mr. Bikky Khosla, CEO and Co-founder, TradeIndia. CCAvenue has won awards for best payment gateway consecutively for the past 3 years from 2013 to 2015, which adds to the rich haul it has received since its establishment in 2001. These awards are recognition of CCAvenue's current position as the leading payment gateway in India and of its prominence as a pioneer in the online payments space for the past 14 years!!

25.8 million UCO Bank Customers Can Now Transact Through Their Net Banking on Websites Powered by CCAvenue

In a bid to offer the widest network of payment options to its merchants, CCAvenue has included UCO Bank to its 48+ net banking options. This move opens a new window for online transactions between 25.8 million UCO Bank account holders and over 85% of Indian websites powered by CCAvenue. Our merchants stand to benefit directly as they can now reach out to a larger customer base and increase their revenues manifold. Founded in 1943, UCO bank started its branch expansion activities at a fast pace, especially in rural areas, and has achieved several unique distinctions in Priority Sector lending and other social uplift schemes. Once again, CCAvenue provides you with an excellent opportunity to expand your business and augment your revenue stream!

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	8 Indian social commerce websites that prove it's more than just a trend Source: YourStory Read more

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	IRCTC launches CoD payment facility for online railway ticket bookings Source: Techcircle Read more

	Gujarat Handloom to launch e-commerce website; Ties-up with eBay Source: Medianama Read more

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CCAvenue is an end-to-end PCI-DSS Compliant payment-processing solution provider, catering to nearly 3 million merchants across all payments businesses. With its path-breaking technology in the Fintech space, CCAvenue is committed to redefine user experience, improve transaction success rates and increase the earning potential of web merchants exponentially.

Our comprehensive platform offers business enhancement tools that provide unparalleled product differentiation and are meticulously designed to expand the customer reach of our web merchants, taking their online businesses to the next level.