CCAvenue

In a time when the mobile user base in India has grown to over 1 billion and mobile commerce has become increasingly popular, CCAvenue, India's leading payment gateway has included 'Scan N Pay', a mobile-based payment facility by Federal Bank to its extensive payment bouquet. With this inclusion, CCAvenue is effectively harnessing the power of mobile commerce for its huge merchant base. Merchants can now accept real-time mobile payments easily and securely from millions of Federal Bank account holders in the country.

'Scan N Pay' is a first-of-its-kind mobile based payment facility. The comfort and convenience of a mobile, the simplicity of a QR (Quick Response) code, the security of MPIN (Mobile PIN) - all converges into this new payment mode.

To initiate the payment process:

	Customer selects 'Scan N Pay' as a payment mode on the CCAvenue transaction page and proceeds to pay.
	A dynamically generated QR code that contains payment details is displayed on the Federal bank secure page. Customer scans the QR code using the 'Scan N Pay' app installed in his/her mobile phone. Install 'Scan N Pay' App
	Customer feeds in the MPIN in the app on his/her mobile phone and completes the payment. Each transaction will be authenticated with your MPIN.

Yes, it's that simple! The transaction is processed in real-time with both payer and payee receiving the confirmation instantaneously. 'Scan N Pay' is currently enabled on Android phones and, will shortly be made available on iOS, Windows and BlackBerry phones.

'Scan N Pay' is a world class utility developed in-house by Federal Bank and is well in sync with the bank's mission to revolutionize mobile payments in the country. This mode of payment is available solely for Federal Bank customers, but the bank intends to onboard customers of other banks, which offer the general IMPS facility from NPCI.

About Federal Bank
Federal Bank is a leading Private Sector Bank with a vast network of 1,247 branches and 1,489 ATMs spread across the country. The bank's total business mix (deposits + advances) stands at Rs. 1.22 Lakh Crore as on March 31, 2015 and it has earned a net profit of Rs. 1005.75 Crore. The bank's Capital to Risk weighted Ratio (CRAR) stood at 15.46% at the end of March 31, 2015. Federal Bank has its Representative Office at Abu Dhabi that serves as a nerve centre for NRI customers in the UAE. The bank has a well-defined vision for the future as a guidepost to its progress. It has been transforming itself into an organization that offers services beyond par. To learn more about Federal Bank, please visit www.federalbank.co.in

About Avenues
With its headquarters in Mumbai, Avenues India has developed several cutting-edge solutions that are used by thousands of eMerchants globally. 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, 11 Prepaid Instruments (including the MobiKwik and Paytm wallets), 2 Mobile Payments and up to 9 Multi Bank EMI options. For more information, visit www.ccavenue.com