CCAvenue

In its constant endeavour to offer the most extensive network of payment options to its 1 lakh+ web merchants, CCAvenue.com, the country�s leading payment gateway has partnered with Bandhan Bank, a new-age bank headquartered in Kolkata. Through this alliance, CCAvenue will offer its merchants with an opportunity to accept net banking payments from more than 9.6 million customers of Bandhan Bank.

Founded in August 2015, Bandhan Bank was the first bank to be set up in the eastern part of India after Independence. Within one year of its operations, the bank has successfully expanded its network to 728 branches, 2,328 Doorstep Service Centres (DSCs), 267 ATMs and owns more than 15.32 million accounts presently. For the year ended March 2016, Bandhan Bank made a whooping business of Rs. 1082 crore. In a bid to consolidate its presence in retail lending operations, Bandhan Bank will soon be launching several new branches and many more products in the market.

With the inclusion of Bandhan Bank, online businesses using CCAvenue�s innovative payment platform will gain considerably. The partnership will enable web merchants to maximize their revenue generating prospects by a significant amount, as it will offer them access to the enormous and growing customer base of Bandhan Bank. In addition, all Bandhan Bank customers will be able to make instant and convenient online payments on 85% of Indian eCommerce sites powered by CCAvenue.

Being India�s largest third-party payment aggregator, CCAvenue aims to continue growing its network by partnering with three times as many banks by the end of this fiscal year. As CCAvenue includes more and more such payment options, it will help merchants in achieving higher sales, thereby facilitating the growth of their business, while also offering convenient payment options to customers in the eCommerce space.

About Bandhan Bank
Inaugurated in August 2015 by Union Finance Minister Arun Jaitley, Kolkata-headquartered Bandhan Bank is a subsidiary of Bandhan Financial Holdings Limited (BFHL), which is owned by Bandhan Financial Services Limited (BFSL), the largest micro finance organization in India. Presently, the bank has 3323 touch points consisting of 728 bank branches, 2328 Doorstep Service Centres (DSCs) and 267 ATMs, serving more than 9.6 million customers. The bank has a pan India presence, but their special focus remains on the eastern and northeastern parts of India. Being India�s youngest bank, Bandhan Bank is driven by a constant desire to serve better and seeks to be a world-class entity by providing convenient and affordable financial solutions to urban, semi-urban and rural customers alike. It enjoys the unique distinction of being the first Indian microfinance company to transform into a commercial bank. To know more, visit www.bandhanbank.com.

About Avenues
Headquartered in Mumbai, CCAvenue is a payments platform for ecommerce businesses in India. CCAvenue is designed to help its 1 lakh+ merchants accept online payments through a spectrum of new-age payment options including 6 major Credit Cards, 98+ Debit Cards (All MasterCard /Visa /Maestro /RuPay Cards), Amex EzeClick, 53+ Net Banking, 48 Bank IMPS, 16 Prepaid Instruments and up to 12 Multi Bank EMI options. CCAvenue now also offers UPI (Unified Payments Interface) and will soon be adding BBPS (Bharat Bill Payment System) payment facility on its platform. Backed by a 15-year history of industry firsts, outstanding innovations and prestigious accolades, CCAvenue offers a multi-channel payment platform, along with a bunch of disruptive features such as CCAvenue Checkout, CCAvenue S.N.I.P., CCAvenue Store Front, CCAvenue Card Storage Vault (tokenization) and more. CCAvenue has successfully achieved the ISO/IEC 27001:2013 certification in addition to being PCI DSS 3.1 compliant.