Press Room 2023
Select Year  
CCAvenue.com goes live with Cosmos Bank's Net Banking payment option on India's largest direct debit engine
3rd October, 2015 - Mumbai, India
CCAvenue proudly announces the inclusion of Cosmos Bank's net banking option to its ever increasing payment network, thereby enhancing the earning potential of web merchants registered with it. Millions of Cosmos Bank's account holders can now shop online at thousands of merchant websites powered by CCAvenue.com by making payments easily through a direct debit to their bank accounts. CCAvenue offers India's largest direct debit engine enabling its merchants to reach out to the account holders of 54 leading banks in the country and expand their online businesses substantially.

Founded in 1906, Cosmos Bank is among the fastest growing urban cooperative banks in the country. It owes its success over the years to a rich heritage, prudent banking practices, technology advancement, integrity and experienced management. Cosmos Bank is the second oldest and second largest bank in the country. It has a large domestic presence with more than 140 branches in 7 states and in 39 major cities of India.

As a pioneer in the online payments space, CCAvenue, India's largest payment gateway, offers a safe, reliable and convenient platform for online sales and purchases. It is the only complete PG solution in the region that has the unique capability of processing the full spectrum of real-time payment options. CCAvenue constantly strives to upgrade its platform with the latest features and widen its payment network so as to maximise the revenue earnings of its merchants.

About Cosmos Bank
Cosmos Bank
Cosmos Bank is a leading multi-state scheduled co-operative bank with 140 branches in 7 states and in 39 major cities of India. Founded in 1906, the Cosmos Co-operative Bank Ltd. is the second oldest and second largest bank in the country. The bank is a professionally managed 'Financial Institution', which has been considered a benchmark of credibility and innovation. It was among the first co-operative banks in the country to implement Core Banking System (CBS) across its entire network. Cosmos Bank has carved a niche for itself in the banking sector due to its rich heritage, prudent banking practices, technology advancement, integrity and experienced management.

About Avenues
Incorporated in the year 2001, Avenues is the parent company of CCAvenue.com and is a zero-debt company that has been profitable since its inception. With its headquarters in Mumbai, Avenues 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.