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CCAvenue's MULTI BANK EMI option includes several leading banks to ensure the widest coverage for your business
25th November, 2014
"Growth is never by mere chance; it is the result of forces working together," stated James Cash Penney, Founder of the highly successful JCPenney chain. This fact holds true for the dynamic world of eCommerce in which web merchants, digital payment facilitators, banks, financial institutions and several other business entities work together to succeed individually in the online space.

With this in mind, CCAvenue, South Asia's largest payment gateway, has tied up with several leading banks in the country to expand the coverage of its Multi Bank EMI option for the benefit of its merchant partners. It now offers the EMI facilities of these top banks: Axis Bank, ICICI Bank, Kotak Mahindra Bank, IndusInd Bank, HSBC Bank, State Bank of India and Amex Bank.

This payment mode gives customers the freedom of making payments in their chosen timeframe while buying products, mainly high value merchandise. Customers can choose to pay for purchases of products and services offered by you with suitable EMI tenure options using their credit cards. Merchants receive the entire revenue amount immediately while the customers make the payments conveniently in easy instalments to their respective banks.

Our Multi Bank EMI option enables customers to make impulse purchase decisions or buy products even when they are unable to pay the full amount upfront. This payment mode also helps them to upgrade to a premium product and purchase more products on your website. Merchants availing this EMI facility will be able to reach out to more customers and thereby give a boost to their businesses. Moreover, the TDR charged for processing EMI transactions are as per normal credit card charges so that merchants need not compromise on their margins.

CCAvenue offers overs 100+ payment options, including 6 leading credit cards, 73+ debit cards, 48+ net banking, cash cards, online wallets, mobile payments and 7 EMI options for customers to choose from while making payments. Moreover, CCAvenue has introduced a range of features to help merchants increase their sales conversion such as Multiple Currency Processing, In-app Payments, Smart Dynamic Routing, Retry Option, CCAvenue Checkout, CCAvenue Store Front, iFrame Integration and more.

Reach out to a larger target audience and enhance your online business by offering CCAvenue's Multi Bank EMI option!!