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CCAvenue
May 2018

Managing your business collections and payments can be a big challenge. Your business can face issues such as high cost of cash management, trouble in reconciliation for part payments, high admin cost for manual reconciliation and delayed payment realization. CCAvenue B2Biz, the Next-Gen Automated B2B Payment Platform, enables collections and payments for businesses instantly via multiple payment modes including NEFT, RTGS and IMPS. CCAvenue B2Biz automates and streamlines Accounts Payables & Receivables, optimizes cash flow, improves efficiency and helps you save on costs.

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Tokenization through CCAvenue Card Storage Vault: A One-Click Checkout experience offering complete Payment Security

Tokenization through CCAvenue Card Storage Vault: A One-Click Checkout experience offering complete Payment Security

As the eCommerce boom continues, large digital businesses strive to adhere to the latest Payment Card Industry Data Security Standards (PCI DSS) that focuses on enhanced controls around the storage, transfer and processing of cardholder data with an aim to reduce card fraud. Maintaining PCI DSS standards however involves high expenditure and complications that are not feasible for many e-commerce players. Being a PCI DSS v3.2 compliant payment gateway, CCAvenue keeps your business out of scope of PCI DSS compliance, by providing an unparalleled level of data security for your transactions through tokenization.
Tokenization is the process of replacing the 16-digit payment card account number with a unique, randomly generated digital identifier known as a ‘token’ in mobile and online transactions. The merchant’s website does not store or retain card information but will receive encrypted tokens for use in repeat transactions done by customers. And, since each token has been created by CCAvenue specifically for your website, it cannot be used by fraudsters to initiate payment with another retailer—keeping your customers’ card data even safer. Moreover, CCAvenue’s tokenization feature ‘Card Storage Vault’ provides enhanced convenience to customers by way of easy checkout and one-click payment facility. Know More
Avenues awarded 'Best eCommerce Payment Innovation’ at eRetail Awards 2018 for CCAvenue DirectLink

Avenues awarded 'Best eCommerce Payment Innovation’ at eRetail Awards 2018 for CCAvenue DirectLink

CCAvenue extends its streak of annual winnings by adding another accolade to its collection. For contributing tremendously in the area of payment technology enhancement through its DirectLink feature, the accredited payment processing leader has been honored as the ‘Best eCommerce Payment Innovation’ company of 2018. This award was given away at the 7th Annual Indian Retail & e-Retail Awards 2018 function which was organized by Franchise India on the 16th of April 2018 at JW Marriott hotel, New Delhi. The Indian e-Retail Awards by Franchise India are offered to assist e-commerce solution providers garner national as well as international recognition for their brilliance in the FinTech domain. CCAvenue thereafter continues to offer its state-of-the-art business solutions and empowerment to more than 1 lakh web merchants in India through its advanced online payment solutions. Know More

CCAvenue Enriches Its Advanced Platform with More Lucrative Payment Options For The Benefit of its 1 Lakh+ Merchant Partners:

Ujjivan Small Finance Bank
CCAvenue became the first PG in the country to offer the net banking facility of Ujjivan Small Finance Bank on its platform.
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UCO Bank
CCAvenue now offers UCO Bank’s ATM cum Debit Card on its advanced platform, further expanding its 200+ payment portfolio.
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Axis Bank
We have integrated the ATM PIN Debit Card of Axis Bank, a leading private sector bank in India.
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INDUSTRY NEWS
How India is Inching Towards Going Cashless and Emerging as a Digitally Smarter Nation

How India is Inching Towards Going Cashless and Emerging as a Digitally Smarter Nation

Source: iamwireThe BHIM app has been downloaded over 20 million times; and there are now several commercial applications that allow Indian citizens to transact without opening their wallets. Read More
Top Methods to Follow for Being a Successful Online Entrepreneur

Top Methods to Follow for Being a Successful Online Entrepreneur

Source: iamwire Becoming an entrepreneur is not a hard thing, but where you take your company under your leadership is what matters.
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Mobile Wallet Transactions Grew By 101.7M To 288.4M In December 2017

Mobile Wallet Transactions Grew By 101.7M To 288.4M In December 2017

Source: Medianama For the month ending December 31, 2017, number of transactions using Prepaid Payment Instruments (which includes both Mobile Wallets & PPI Cards combined) increased by 35%. Read More
Budget 2018-19: How Digital Payments And Cryptocurrencies Are Affected

Budget 2018-19: How Digital Payments And Cryptocurrencies Are Affected

Source: MedianamaDuring the presentation of the budget (2018-19), the Union Finance Minister Arun Jaitley mentioned that digital payments are key to the government’s policies. Read More
Digital Spending Expected To Grow To $100 Bn By 2020: Google-BCG Report

Digital Spending Expected To Grow To $100 Bn By 2020: Google-BCG Report

Source: Inc42 The digital spending by consumers is expected to grow nearly 2.5 times to $100 Bn by 2020, according to Google-BCG report. Read More
Discounts Lead The Way For Ecommerce On Social Media: Report

Discounts Lead The Way For Ecommerce On Social Media: Report

Source: Inc42 Fashion & Lifestyle ecommerce startups topped the social engagement chart with 11.6 Mn engagements followed by Travel & Hotel Marketplace and Horizontal ecommerce startups. Read More
Financial Inclusion Can Leapfrog With Blockchain Technology

Financial Inclusion Can Leapfrog With Blockchain Technology

Source: YourStory Positioned from the outset as an alternative to traditional banking mechanisms, Blockchain raised the possibility of a revolution in the world of financial technology.
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Online Shoppers Beyond Metros Grow 3x, Drive E-Commerce Growth

Online Shoppers Beyond Metros Grow 3x, Drive E-Commerce Growth

Source: YourStory According to a study by consulting firm RedSeer, the number of online shoppers outside metro cities in India is growing by more than three times as compared with their Tier I counterparts. Read More
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