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CCAvenue becomes the first and only third party payment aggregator to sign a Net Banking Agreement with Doha Bank, India
14th December, 2015
CCAvenue, India's leading payment gateway, announces the inclusion of Doha Bank, India to its ever increasing payment network. It is the first and currently the only Payment Gateway to tie up with Doha Bank, India, for its Net Banking facility. Customers of Doha Bank, India can now have the privilege to make online payments through a direct debit to their bank accounts on 85% of India's web merchants powered by CCAvenue.

From Left to Right : Mr. G. Pattabiraman(Country Manager - Doha Bank India), Mr. Sanjay Rajoria (Head - Consumer Banking - Doha Bank India) and Mr. Nandakumar Menon (Head - Alliances, Avenues India).Incorporated in 1978, Doha Bank is one of the largest commercial banks in the State of Qatar. For the third year in a row, Doha Bank was accorded the 'Best Regional Commercial Bank' at The Banker Middle East Industry Awards in recognition of its financial excellence in the Middle East. The bank owes its tremendous success to a combination of the management's foresight, employee dedication and excellent customer response. Doha bank continues to perform well with its total equity, as at Q3 2015, valued at QAR 13.3 billion, registering an increase of 17% during the last twelve months.

In a bid to replicate this success globally, Doha Bank has consolidated its overseas business with the introduction of new branches in India. It has become the first Qatari Bank to establish full scale banking operations in the country. Dr. R. Seetharaman, CEO of Doha Bank, stated that the huge size of the Indian market, along with its rising per capita income levels and business-friendly policies, render India as an essential and strategic location for Doha Bank.

The addition of Doha Bank, India in CCAvenue's payment network will help augment the revenue stream of our web merchants substantially as they can tap the bank's rapidly growing customer base.

About Doha Bank India
Doha Bank India
Doha Bank, one of Qatar's leading financial services company, was incorporated in 1978 and commenced its domestic and international banking services in Doha, Qatar in the month of March 1979. The company enables customers to do their banking and investing whenever, wherever and however they choose through an extensive network, and multiple access channels. Doha Bank has opened branches in India located in the cities of Mumbai and Kochi. The Indian branches have a fully equipped NRI department to provide personalized services to its NRI customers. For more information, visit http://dohabank.co.in/

About Avenues
With its headquarters in Mumbai, Avenues India has developed several cutting-edge solutions that are used by thousands of eMerchants globally. CCAvenue offers real-time, multi-currency online payment processing services for businesses in the major industry verticals. It is the only complete PG solution in the region that has the unique capability to offer the full spectrum of Internet payment options including the 6 major Credit Cards, 98+ Debit Cards (All MasterCard /Visa /Maestro /RuPay Cards), Amex EzeClick, 54+ Net Banking, 8 Prepaid instruments (including the MobiKwik and Paytm wallets), 2 Mobile Payments and up to 7 Multi Bank EMI options. For more information, visit www.ccavenue.com