May 2018

CCAvenue B2Biz Revolutionising Corporate Collections and Payments

CCAvenue B2Biz Revolutionising Corporate Collections and Payments
Managing your business collections and payments can be a big challenge. Your business can face issues such as high cost of cash management, trouble in reconciliation for part payments, high admin cost for manual reconciliation and delayed payment realization. CCAvenue B2Biz, the Next-Gen Automated B2B Payment Platform, enables collections and payments for businesses instantly via multiple payment modes including NEFT, RTGS and IMPS. CCAvenue B2Biz automates and streamlines Accounts Payables & Receivables, optimizes cash flow, improves efficiency and helps you save on costs.
READ MORE

Tokenization Through CCAvenue Card Storage Vault: A One-Click Checkout Experience Offering Complete Payment Security

Tokenization Through CCAvenue Card Storage Vault: A One-Click Checkout Experience Offering Complete Payment Security As the eCommerce boom continues, large digital businesses strive to adhere to the latest Payment Card Industry Data Security Standards (PCI DSS) that focuses on enhanced controls around the storage, transfer and processing of cardholder data with an aim to reduce card fraud. Maintaining PCI DSS standards however involves high expenditure and complications that are not feasible for many e-commerce players. Being a PCI DSS v3.2 compliant payment gateway, CCAvenue keeps your business out of scope of PCI DSS compliance, by providing an unparalleled level of data security for your transactions through tokenization.

Tokenization is the process of replacing the 16-digit payment card account number with a unique, randomly generated digital identifier known as a 'token' in mobile and online transactions. The merchant's website does not store or retain card information but will receive encrypted tokens for use in repeat transactions done by customers. And, since each token has been created by CCAvenue specifically for your website, it cannot be used by fraudsters to initiate payment with another retailer-keeping your customers' card data even safer. Moreover, CCAvenue's tokenization feature 'Card Storage Vault' provides enhanced convenience to customers by way of easy checkout and one-click payment facility
KNOW MORE

Avenues Awarded 'Best ECommerce Payment Innovation' At ERetail Awards 2018 For CCAvenue DirectLink

Avenues Awarded 'Best ECommerce Payment Innovation' At ERetail Awards 2018 For CCAvenue DirectLink CCAvenue extends its streak of annual winnings by adding another accolade to its collection. For contributing tremendously in the area of payment technology enhancement through its DirectLink feature, the accredited payment processing leader has been honored as the 'Best eCommerce Payment Innovation' company of 2018. This award was given away at the 7th Annual Indian Retail & e-Retail Awards 2018 function which was organized by Franchise India on the 16th of April 2018 at JW Marriott hotel, New Delhi. The Indian e-Retail Awards by Franchise India are offered to assist e-commerce solution providers garner national as well as international recognition for their brilliance in the FinTech domain. CCAvenue thereafter continues to offer its state-of-the-art business solutions and empowerment to more than 1 lakh web merchants in India through its advanced online payment solutions.
KNOW MORE

CCAvenue Enriches Its Advanced Platform With More Lucrative Payment Options For The Benefit Of Its 1 Lakh+ Merchant Partners:

Ujjivan Small Finance Bank
CCAvenue Became The First PG In The Country To Offer The Net Banking Facility Of Ujjivan Small Finance Bank On Its Platform.
KNOW MORE
UCO Bank
CCAvenue Now Offers UCO Bank's ATM Cum Debit Card On Its Advanced Platform, Further Expanding Its 200+ Payment Portfolio.
KNOW MORE
Axis Bank
We Have Integrated The ATM PIN Debit Card Of Axis Bank, A Leading Private Sector Bank In India.
KNOW MORE

INDUSTRY NEWS

How India is Inching Towards Going Cashless and Emerging as a Digitally Smarter Nation
How India is Inching Towards Going Cashless and Emerging as a Digitally Smarter Nation
Source: iamwire
The BHIM app has been downloaded over 20 million times; and there are now several commercial applications that allow Indian citizens to transact without opening their wallets.
Read More
 
Top Methods to Follow for Being a Successful Online Entrepreneur
Top Methods to Follow for Being a Successful Online Entrepreneur
Source: iamwire
The BHIM app has been downloaded over 20 million times; and there are now several commercial applications that allow Indian citizens to transact without opening their wallets
Read More
 
Mobile Wallet Transactions Grew By 101.7M To 288.4M In December 2017
Mobile Wallet Transactions Grew By 101.7M To 288.4M In December 2017
Source: Medianama
For the month ending December 31, 2017, number of transactions using Prepaid Payment Instruments (which includes both Mobile Wallets & PPI Cards combined) increased by 35%
Read More
 
Budget 2018-19: How Digital Payments And Cryptocurrencies Are Affected
Budget 2018-19: How Digital Payments And Cryptocurrencies Are Affected
Source: Medianama
During the presentation of the budget (2018-19), the Union Finance Minister Arun Jaitley mentioned that digital payments are key to the government's policies
Read More
 
Digital Spending Expected To Grow To $100 Bn By 2020: Google-BCG Report
Digital Spending Expected To Grow To $100 Bn By 2020: Google-BCG Report
Source: Inc42
The digital spending by consumers is expected to grow nearly 2.5 times to $100 Bn by 2020, according to Google-BCG report.
Read More
 
Discounts Lead The Way For Ecommerce On Social Media: Report
Discounts Lead The Way For Ecommerce On Social Media: Report
Source: Inc42
Fashion & Lifestyle ecommerce startups topped the social engagement chart with 11.6 Mn engagements followed by Travel & Hotel Marketplace and Horizontal ecommerce startups.
Read More
 
Financial Inclusion Can Leapfrog With Blockchain Technology
Financial Inclusion Can Leapfrog With Blockchain Technology
Source: YourStory
Positioned from the outset as an alternative to traditional banking mechanisms, Blockchain raised the possibility of a revolution in the world of financial technology.
Read More
 
Online Shoppers Beyond Metros Grow 3x, Drive E-Commerce Growth
Online Shoppers Beyond Metros Grow 3x, Drive E-Commerce Growth
Source: YourStory
According to a study by consulting firm RedSeer, the number of online shoppers outside metro cities in India is growing by more than three times as compared with their Tier I counterparts
Read More
 
Disclaimer: We do not claim ownership over the images / articles appearing in the Industry News section. They are used for information purposes only and in no way are meant to claim ownership over any of the above mentioned. All photos, videos, articles, etc. are copyrighted to their original owners.