CCAvenue

CCAvenue, India's leading payment gateway is proud to announce the inclusion of Ziggit digital mobile wallet by IDFC Bank to its innovative payment platform. With this addition, CCAvenue now includes 16 prepaid instruments in its extensive payment bouquet. At present, it is the only PG in the country to have included Ziggit wallet as a payment option for its 1 lakh+ merchant base.

Ziggit by IDFC Bank is a convenient, secure and fast way to complete online transactions. Equipped with a host of features and services, it allows customers to shop online at leading eCommerce websites, make one-click payments from their mobile devices, split bills, make data card and DTH recharges, and much more. The wallet functions across all bank accounts and smart devices to ensure that users have the smoothest payment experience.

With the inclusion of Ziggit in CCAvenue's payment network, nearly 85% of online retail websites powered by the payment gateway shall now be able to tap into a whole new segment of customers and thereby boost their sales substantially.

Speaking about the partnership with IDFC Bank, Mr. Vishwas Patel, Chief Executive Officer, Avenues Group said "Today, eCommerce is a huge multi-billion dollar industry and the digital payments space is thriving, with new players entering the market more frequently than before. At CCAvenue, we have always operated on a simple tenet, 'more options lead to more business'. In line with this objective, we formed an alliance with the newly established IDFC Bank to tap its growing customer base. This alliance will offer customers with more payment alternatives during online transactions, and also ensure that our merchants do not miss out on any opportunities towards achieving higher sales".

Ziggit is currently available for Android and iOS devices. As per the company website, it will soon be launched for Windows, Blackberry and other tablets too.

About IDFC Bank
Established in October 2015, IDFC Bank (BSE: 539437, NSE: IDFCBANK) is a subsidiary of India's leading integrated infrastructure finance company, IDFC Ltd (BSE: 532659, NSE: IDFC). Headquartered in Mumbai, IDFC currently has a network of nearly 70 branches, of which 50 are in non-banked rural and semi urban locations in Madhya Pradesh, Karnataka and Andhra Pradesh. IDFC Bank is a universal bank, offering financial solutions through its nationwide branches, internet (www.idfcbank.com) and mobile. Envisioned as a new-age bank, IDFC Bank seeks to set a new standard in customer experience, using technology and a service-oriented approach, to make banking simple and accessible, anytime and from anywhere. In keeping with IDFC's legacy of building the nation, IDFC Bank focuses on serving the rural underserved communities and the self-employed, while continuing to support the country's infrastructure sector. IDFC Bank provides customized financial solutions to corporates, individuals, small and micro-enterprises, entrepreneurs, financial institutions and the government. With best-in-class corporate governance, rigorous risk management, experienced management and a diversified team, IDFC Bank is uniquely positioned to meet the aspirations of its customers and stakeholders. For the quarter ended June 30, 2016, the bank reported a net profit of Rs. 265 crore.

About Avenues
With its headquarters in Mumbai, Avenues India has developed several cutting-edge solutions that are used by thousands of eMerchants spanning across South Asia. Its flagship brand, CCAvenue offers real-time, multi-currency online payment processing services for businesses in the major industry verticals. It is the only complete PG solution in the region that offers the full spectrum of Internet payment options including the 6 major Credit Cards, 98+ Debit Cards (All MasterCard /Visa /Maestro /RuPay Cards), Amex EzeClick, 53+ Net Banking, 16 Prepaid Instruments, 2 Mobile Payments and up to 11 Multi Bank EMI options.
For more information, visit www.ccavenue.com