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CCAvenue wins 'Best Technology Solution for Enterprise Risk Management' title at the Innovation & Technology Awards 2021
25th August, 2021
CCAvenue wins 'Best Technology Solution for Enterprise Risk Management' title at the Innovation & Technology Awards 2021 Champions are those who perform exceptionally and consistently against great odds. Despite the tough regulatory environment and dynamic nature of the industry, CCAvenue, Infibeam Avenues' leading digital payments platform, continues to overcome challenges as it marches ahead successfully in its business journey. In recognition of our excellence, CCAvenue has been awarded the 'Best Technology Solution for Enterprise Risk Management' accolade at the Innovation & Technology Awards 2021 (popularly known as the INN-TECH Awards), organized jointly by Inkspell and Global Trends Forum in a virtual ceremony held on 25th August 2021.

The INN-TECH Awards is a pioneering platform designed and developed to acknowledge and applaud the exemplary and innovative work done by professionals and enterprises across various fields and sectors. It is for the first time that diversity and excellence in the Technology and Innovation space across difference sectors was celebrated at such a comprehensive scale in India. The organisers of these awards recognize the importance of innovation and technology in the overall uplift and upgradation of the ecosystem that we live, work and co-exist in.

A provider of cutting-edge solutions in digital payments, CCAvenue has been committed in extending crucial support to the merchant community in India to digitize their businesses and increasing their earning potential through a plethora of innovative solutions. These solutions are aimed at facilitating functions such as Operations, Finance, Risk Management and Tech support through CCAvenue's advanced user interface and digital payments technology. Our advanced services are designed to cater to all the major industry verticals including e-Retail, Telecommunication, Real Estate, Banks & Financial Institutions, NBFCs, Government Departments, Travel & Hospitality, Education, Healthcare, Utility Billers and various other sectors.

CCAvenue has a robust risk mitigation framework and deploys advanced risk management processes that give it the competitive edge in the online payments industry which is fraught with risks. With the help of state-of-the-art technology and best-in-class processes, CCAvenue protects its merchants, their customers and its own organisation from potential losses due to frauds and chargebacks, while countering malicious intent through constantly monitoring, analyzing and determining fraudulent transactions.

Commenting on the win, Mr. Vishwas Patel, Executive Director of Infibeam Avenues Limited and Founder of CCAvenue said: "On behalf of the CCAvenue team, I wholeheartedly thank the jury and organisers of the INN-TECH Awards for this prestigious accolade. It is an acknowledgement and affirmation of our relentless pursuit of excellence in the field of digital payments for the past two decades. This recognition will spur us on to innovate further and deploy the latest Fintech solutions for the benefit of millions of ecommerce businesses in India."

About CCAvenue
CCAvenue CCAvenue, the flagship brand of Infibeam Avenues Limited, is a PCI DSS 3.2.1 compliant payments platform for eCommerce businesses in India. The organization serves millions of merchants spread across verticals such as Retail, Travel, Real Estate, Telecommunication, Government departments, Utility billers, Hospitality, Education and Healthcare. It enables merchants to accept online payments through a spectrum of new-age payment options including 6 major Credit Cards, 97+ Debit Cards (All MasterCard / Visa / Maestro / RuPay Cards), Amex EzeClick, 58+ Net Banking, Mobile Wallets, UPI and up to 14 Multi Bank EMI options.