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CCAvenue's Trusted TPV Integration A Solution Enhancing BFSI Payments
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Faced with the growing concern of security threats, the modern BFSI (Banking, Financial services and Insurance) sector relies heavily on the mandatory validation of source of funds flowing into their investment business. To add, SEBI and other regulatory guidelines specify that the transactions made by investors should be done only from bank accounts which have been registered by the investor. Multiple financial platforms providing Mutual Funds, Stock Market and Fixed Deposit Investment options, therefore consider the authentication of specific bank account numbers as essential. As a timeless protector, CCAvenue payment gateway offers TPV (Third Party Verification) integration of 25+ major leading banks on its platform to enable these businesses to meet their regulatory compliance for authentication of source of funds involved in Net banking and UPI payment collections. On processing of an Internet Banking or UPI payment, the merchant forwards his investor's bank account number to CCAvenue and we further map the investor's account details to lock the transaction ensuring that the payment is processed only from his/her registered bank account.
Sign up now for CCAvenue services and benefit from our TPV solution to transact online with your customers securely and conveniently in real-time.
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CCAvenue strengthens collaboration with RBL Bank by including their Corporate Net Banking Facility
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Enhancing digital payment acceptance across the country, CCAvenue, India's largest payment gateway solutions provider and an Infibeam Avenues Ltd. flagship brand, recently widened its scope of alliance with RBL Bank by going live with the bank's Corporate Net Banking facility. With the said integration, CCAvenue is committed to provide thousands of corporate users, a convenient method of making payments to multiple individuals and organizations. This expansion will allow RBL Bank corporate account holder businesses to receive payments from their customers via the secure payment aggregator platform offered by CCAvenue.
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INDUSTRY NEWS
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Govt Sources Indicate MDR of 0.2%-0.3% on UPI: What India Can Learn from Brazil's Pix
Source: medianama.com
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Digital transformation in MSMEs: Adoption, gaps, and what's next
Source: yourstory.com
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India: 2025 analysis of payments and ecommerce trends
Source: thepaypers.com
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Government Plans Direct Discounts on UPI Payments: Shopping May Become Cheaper for Digital Buyers
Source: kknlive.com
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