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State Bank of Travancore Now a Part of India's Largest Direct Debit Engine
28th January , 2009
"We are constantly working towards providing our merchants with a single solution that has multiple payment options and hope to include many more banks in the near future" - Mr. Vishwas Patel, CEO, Avenues India Pvt Ltd.

Avenues, South-Asia's largest integrated e-commerce company is pleased to announce that State Bank of Travancore, an associate bank of the State Bank of India Group, is now a part of its direct debit engine. Recently, Avenues tied up with State Bank of Travancore for Net Banking and Debit Card Processing. Currently, Avenues has 6 Credit Cards, 12 Debit Cards, 23 Indian Banks, Cash Card and Mobile Payment options. Through this tie-up, Avenues will add yet another payment option to its direct debit engine. This will consolidate Avenues position in the minds of its merchants as the payment solution with the widest range of payment options.

Senior Official of State Bank of Travancore with Mr.Vivek Nayak, Chief Operating Officer and Mr.Nandkumar Menon, Manager-Alliances, Avenues This partnership will also be extremely beneficial to State Bank of Travancore. The bank account holders can now use their Bank Accounts to pay for goods and services of over 5,000 of Avenues web merchants; retailing millions of different types of products and services, make and pay for hotel reservations online, and make online bookings for events and exhibitions. By signing up with Avenues, State Bank of Travancore has consolidated its commitment to being a leading, innovative bank and has moved a step closer to its goal of creating better value for its customers, through a proactive approach to the changing needs of the society.



State Bank of Travancore About Vijaya Bank
Be it innovate products customized for people engaged in agriculture or mutual funds or a wide array of advances and loans, Vijaya Bank has its formidable presence everywhere! Vijaya Bank was founded on 23rd October 1931. In 1958, the bank attained the status of a scheduled bank and in 1980, as a nationalized bank. Vijaya Bank has a network of 1061 branches, 46 Extension Counters and 337 ATMs. The driving force behind Vijaya Bank's every initiative has been its 11896 strong dedicated workforce. Vijaya Bank steadily grew into a large All India bank, with nine smaller banks merging with it during the 1963-68. Each branch provides effective and efficient services and significantly contributes to the growth of the individual, and the nation.

Avenues About Avenues
Avenues is a profitable, debt-free company and currently services thousands of eMerchants worldwide through its solutions - www.CCAvenue.com, www.ResAvenue.com, www.EventAvenue.com, www.MembersAvenue.com, www.TrustAvenue.com. It is incorporated in India, and has offices in Singapore, Hong Kong, and USA. Avenues is the largest integrated eCommerce solutions provider in South Asia and has shown revenue growth and profit growth consistently, year on year. For more information, log onto: www.Avenues.info.
     
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