CCAvenue Now Live with IDBI Bank's Corporate Net Banking expanding its Payment Options
27th June, 2025
Infibeam Avenues Ltd, a prominent Indian Fintech company, has recently announced the successful integration of its flagship payment gateway brand CCAvenue with IDBI Bank's Corporate Net Banking facility. CCAvenue is dedicated to empowering thousands of corporate clients with streamlined solutions for making payments to multiple recipients, enhancing ease and convenience across their financial operations. With the said alliance, CCAvenue has also added IDBI's Corporate Net Banking to its list of payment options while enabling IDBI Bank's corporate account holder businesses make online purchases through the bank's Corporate Internet Banking from merchants empowered by the payment gateway.
CCAvenue payment gateway's collaboration with IDBI Bank for Corporate Net Banking marks the next phase of their partnership, building upon their existing alliance for Retail Net Banking services. The new agreement is designed to empower merchants by providing access to the bank's vast corporate customer base, significantly enhancing their revenue potential. The alignment also serves as a valuable offering for millions of customers who are now at advantage of making Direct-Debit payments to eCommerce businesses powered by CCAvenue.
IDBI Bank was founded as Industrial Development Bank of India in the year 1964 as a wholly owned subsidiary of Reserve Bank of India. The bank provides a comprehensive range of banking and financial services to retail, corporate, and institutional customers across the country. Having a strong presence in both rural and urban markets, IDBI bank plays a key role in supporting India's economic growth through its diversified offerings.
Remarking on the collaboration, Mr. T. Nandakumar Menon, Sr. Vice President - Alliances and Operations, Infibeam Avenues Ltd. stated: "CCAvenue is pleased to strengthen its longstanding relationship with IDBI Bank by venturing into Corporate Net Banking, an endeavor following years of successful partnership in Retail Net Banking. The addition of IDBI's Corporate Net Banking to our list of payment options will certainly provide thousands of clients with secure, faster and more convenient payment solutions."
About IDBI Bank
IDBI Bank Ltd is one of India's largest commercial banks. The operations of this universal bank is driven by a cutting-edge core banking IT platform. They offer personalized banking and financial solutions to their clients in the retail and corporate banking arena through their large network of branches and ATMs, spread across the length and breadth of India. As of March 31, 2025, IDBI Bank operates a network of 2,104 branches across India, making it one of the country's largest commercial banks in terms of branch presence. The bank also set up an overseas branch at Dubai. IDBI bank operates in four segments, namely Wholesale Banking, Retail Banking, Treasury Services and other Banking Operations.
About 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, and 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 15 Multi Bank EMI options.
CCAvenue payment gateway's collaboration with IDBI Bank for Corporate Net Banking marks the next phase of their partnership, building upon their existing alliance for Retail Net Banking services. The new agreement is designed to empower merchants by providing access to the bank's vast corporate customer base, significantly enhancing their revenue potential. The alignment also serves as a valuable offering for millions of customers who are now at advantage of making Direct-Debit payments to eCommerce businesses powered by CCAvenue.
IDBI Bank was founded as Industrial Development Bank of India in the year 1964 as a wholly owned subsidiary of Reserve Bank of India. The bank provides a comprehensive range of banking and financial services to retail, corporate, and institutional customers across the country. Having a strong presence in both rural and urban markets, IDBI bank plays a key role in supporting India's economic growth through its diversified offerings.
Remarking on the collaboration, Mr. T. Nandakumar Menon, Sr. Vice President - Alliances and Operations, Infibeam Avenues Ltd. stated: "CCAvenue is pleased to strengthen its longstanding relationship with IDBI Bank by venturing into Corporate Net Banking, an endeavor following years of successful partnership in Retail Net Banking. The addition of IDBI's Corporate Net Banking to our list of payment options will certainly provide thousands of clients with secure, faster and more convenient payment solutions."
About IDBI Bank
IDBI Bank Ltd is one of India's largest commercial banks. The operations of this universal bank is driven by a cutting-edge core banking IT platform. They offer personalized banking and financial solutions to their clients in the retail and corporate banking arena through their large network of branches and ATMs, spread across the length and breadth of India. As of March 31, 2025, IDBI Bank operates a network of 2,104 branches across India, making it one of the country's largest commercial banks in terms of branch presence. The bank also set up an overseas branch at Dubai. IDBI bank operates in four segments, namely Wholesale Banking, Retail Banking, Treasury Services and other Banking Operations.
About 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, and 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 15 Multi Bank EMI options.
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