CCAvenue: Infibeam's CCAvenue brings TokenPay for RBI-compliant 'saved card transactions'

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Infibeam's CCAvenue brings TokenPay for RBI-compliant 'saved card transactions'

Published by 5 Paisa Capital | 04th November, 2021

Infibeam Avenues Ltd's digital payments platform, CCAvenue has launched an interoperable solution TokenPay for businesses / merchants to comply with Reserve Bank of India's (RBI) data security norms. As the saved cards transactions are taking a hit, due to RBI directive prohibiting merchants, businesses, payment aggregators, and acquiring banks from storing customers credit / debit / prepaid card information, IALs CCAvenue has developed a multi-network tokenisation solution to work across all major card networks.

CCAvenue is an end-to-end PCI-DSS Compliant payment-processing solution provider, catering to nearly 3 million merchants across all payments businesses. With its path-breaking technology in the Fintech space, CCAvenue is committed to redefine user experience, improve transaction success rates and increase the earning potential of web merchants exponentially.

Our comprehensive platform offers business enhancement tools that provide unparalleled product differentiation and are meticulously designed to expand the customer reach of our web merchants, taking their online businesses to the next level.