CCAvenue adds Shamrao Vithal Co-operative Bank to India's Largest Direct Debit Engine
26th February, 2014
CCAvenue is pleased to announce that it has signed a Net Banking agreement with Shamrao Vithal Co-operative Bank (SVC Bank) on 26th February, 2014. Account holders of SVC Bank can now shop online conveniently at thousands of websites powered by CCAvenue.com and pay online through a direct debit in their bank accounts.
Shamrao Vithal Co-op. Bank Ltd., established in 1906, is one of the oldest Urban Co-operative Bank in India. The bank has more than 100 branches in Andhra Pradesh, Delhi, Goa, Gujarat, Karnataka, Madhya Pradesh, Maharashtra and Tamil Nadu. By signing the net banking agreement with Avenues, thousands of customers of Shamrao Vithal Co-op. Bank can now enjoy hassle-free online shopping services. They will be able to make purchases of all types of goods and services directly through their bank accounts at 85% of Indian eCommerce websites powered by the CCAvenue payment gateway.
CCAvenue also benefits from the signing of the net banking agreement with Shamrao Vithal Co-op. Bank. It gains yet another net banking payment option to offer its merchants. This move will expand their reach in the Indian sub-continent. Now, CCAvenue.com merchants can sell and collect payments for their products and services instantly and directly online. Through this net banking agreement, CCAvenue.com reinforces its place as India's largest direct debit engine with 48 (and counting) prominent Indian banks.
About Shamrao Vithal Co-op Bank
Shamrao Vithal Co-operative Bank Limited was set up in 1906 with the primary objective of assisting the less fortunate members of the community in its economic enterprises, to encourage savings and to create funds for providing financial aid to deserving members. It has now a strong presence of more than 100 branches throughout the country. SVC Bank is one of the oldest Urban Co-operative Bank in India.
Shamrao Vithal Co-op. Bank Ltd., established in 1906, is one of the oldest Urban Co-operative Bank in India. The bank has more than 100 branches in Andhra Pradesh, Delhi, Goa, Gujarat, Karnataka, Madhya Pradesh, Maharashtra and Tamil Nadu. By signing the net banking agreement with Avenues, thousands of customers of Shamrao Vithal Co-op. Bank can now enjoy hassle-free online shopping services. They will be able to make purchases of all types of goods and services directly through their bank accounts at 85% of Indian eCommerce websites powered by the CCAvenue payment gateway.CCAvenue also benefits from the signing of the net banking agreement with Shamrao Vithal Co-op. Bank. It gains yet another net banking payment option to offer its merchants. This move will expand their reach in the Indian sub-continent. Now, CCAvenue.com merchants can sell and collect payments for their products and services instantly and directly online. Through this net banking agreement, CCAvenue.com reinforces its place as India's largest direct debit engine with 48 (and counting) prominent Indian banks.
About Shamrao Vithal Co-op Bank
Shamrao Vithal Co-operative Bank Limited was set up in 1906 with the primary objective of assisting the less fortunate members of the community in its economic enterprises, to encourage savings and to create funds for providing financial aid to deserving members. It has now a strong presence of more than 100 branches throughout the country. SVC Bank is one of the oldest Urban Co-operative Bank in India.
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