CCAvenue.ae Wins Prestigious FinTech Accolade at the International Finance Awards
18th January, 2019
In recognition of the prominent role played by CCAvenue towards the evolution of digital payments in the U.A.E., the company has been adjudged the 'Fastest Growing Online Payment Service Provider' in the Technology Awards category at the International Finance Awards.
This award ceremony was held at the Jumeirah Emirates Towers, Dubai on 17th January, 2019. The award was accepted by Mr. Arun Jeevaraj and Mr. Akhil Thakur, the senior officials who represented CCAvenue at the esteemed event. CCAvenue was felicitated along with several other big brands at the glittering awards gala.
The International Finance Awards recognise industry talent, leadership skills, industry net worth and capability on an international platform. Winners are declared on the strength of their application and past accomplishments. Nominations are accepted from entities in the fields of finance, banking, asset management, brokerage, insurance, energy, oil and gas, logistics and utilities, predominantly from Middle East, Asia, Europe and Africa.
CCAvenue, South Asia's largest payment gateway, had widened its footprint in 2014 by extending advanced payment services, along with Mashreq Bank, to web merchants based in the UAE. The primary objective of this venture was to ensure that eCommerce payment solutions are available for everyone; from an online florist to individuals who are running events, trainings, coaching classes to the large enterprise players who require sophisticated solutions. CCAvenue has now a large clientele in the region with most of the leading websites availing its payment services.
Referring to the awards, Mr. Arun Jeevaraj, Head - Business Development &Operations, commented: "CCAvenue has received this award in recognition of its noteworthy role as a digital payment facilitator that supports and enhances the online businesses of innumerable U.A.E-based web merchants, including the leading eCommerce players in the region. We constantly strive to stay ahead of the curve by providing our merchants with access to the latest payment innovations, including UnionPay, Samsung Pay and other top payment modes. This award will encourage us towards offering our merchants even more value-added products and services backed by state-of-the-art technology."
CCAvenue continues to develop proprietary PG solutions that redefine user experience, improve transaction success rates and increase the earning potential of its merchant partners exponentially. These services enable end customers to make online payments in real-time easily, quickly and securely by choosing from a large bouquet of payment options available on the merchant's website.
Since its inception in 2001, CCAvenue, the flagship brand of Avenues World FZ - LLC, pioneered the online payments landscape in India to become South Asia's largest payment gateway. It offers real-time, multi-currency online payment processing services for over 1,00,000 businesses across the major industry verticals. CCAvenue ventured into a business partnership with Mashreq Bank to widen its footprint in the Middle East. CCAvenue U.A.E. offers advanced payment services to Gulf-based web merchants so as to enable them to accept online payments securely and conveniently. Its cutting-edge platform offers easier integrations, better customizations as well as quicker onboarding for businesses and proprietorships. For larger merchants, CCAvenue provides unparalleled product differentiation with features such as Multiple Currency Processing, CCAvenue S.N.I.P. (Social Network In-stream Payments), Advanced Marketing Tools, Easier Checkouts, Automated Electronic Invoicing, etc. Currently, CCAvenue offers its merchant partners a wide range of payment options, including all the major MasterCard/Visa Credit Cards, Debit Cards, UnionPay, Samsung Pay, American Express and Net Banking facility. To learn more, visit www.ccavenue.ae