CCAvenue Affiliates with Dena Bank to Provide Direct Debit Facility to its Customers
12th December, 2018

Founded on 26th May, 1938 by Devkaran Nanjee family, Dena bank is one of the six public sector banks that were selected by the World Bank for sanctioning a loan of Rs. 72.3 crores for augmentation of Tier II Capital under Financial Sector Developmental project. It is also one of the few banks to have received the World Bank loan for technological upgradation and training. Dena bank was the first bank to introduce Minor Savings scheme, Credit card in rural India, Drive-in ATM counter of Juhu, Mumbai, Customer rating system for rating the bank's services and Smart Card at selected branches in Mumbai.
As new digital payment options are added every year to CCAvenue's existing range of payments, online merchants who are registered with this multi-currency processing payment platform get tremendous benefits in terms of accessing a wide customer base of the affiliated banks and generating revenue through instant online sales. Simultaneously bank account holders can also shop conveniently on the websites of these merchants and transact conveniently through easy and safe payment options such as Net Banking.
CCAvenue aims at maximum distribution of Direct Debit services through partnerships with some of the most esteemed and notable banks of the country. Dena Bank is yet another addition to its milestones. The payment gateway also holds an edge over its competitors through eye-catching features such as multi-lingual checkout, easy customization, and dynamic routing. With an aim to further enhance its scope of online payments, CCAvenue is progressively dedicated to assisting e-commerce businesses through constant innovation.
About Dena Bank

About Infibeam Avenues Ltd

Infibeam Avenues' web-based e-commerce solutions include SaaS based ERP platform with strong integrated back-office tools for building and managing online stores, digital payment services, logistics solution and more. It also offers payment processing services to over 70% of India's e-Merchants through CCAvenue.com, a PCI DSS 3.2 compliant payment gateway platform. CCAvenue is India's largest direct debit engine, which connects to more than 56+ Indian banks in real time and processes all types of Credit Cards, Debit Cards and Digital Wallets including UPI payments. ResAvenue.com Hospitality Solution and BillAvenue.com, India's fastest growing BBPS based bill payment engine are among other SaaS solutions launched by the company. The company's web-services are used by over 400,000 merchants around the world. Infibeam Avenues and its consortium partners also manage, design, develop, implement, operate and maintain the Indian Government's e-marketplace (GeM). For more information, please visit www.Infibeam.ooo