Infibeam Avenues Ltd., a prominent player in the Indian Fintech sector, announces the successful integration of its flagship payment gateway brand CCAvenue with Thane-based TJSB Sahakari Bank Ltd, India's fourth-largest urban co-operative bank. The collaboration enables millions of TJSB account holders to transact online with merchants powered by CCAvenue, while expanding digital payment options for businesses and reinforcing CCAvenue's commitment to secure, fast, and convenient payment solutions.

The partnership marks a significant milestone in CCAvenue's broader strategy to widen access to streamlined payment offerings. The integration will empower CCAvenue's millions of existing merchants with access to TJSB's extensive customer network, unlocking new revenue opportunities. Additionally, a large cohort of TJSB customers will gain the ability to make direct debit payments to e-commerce businesses utilizing CCAvenue, simplifying their digital payment experience.

Commenting on the partnership, Mr. T. Nandakumar Menon, Sr. Vice President - Alliances and Operations, Infibeam Avenues Ltd. said "CCAvenue is firmly rooted to the digital payment landscape and has persisted in its endeavours to simplify the payment journey for its business partners. Our current alliance with TJSB gives us a new opportunity to enhance the shopping experience of thousands of the bank's customers and to drive a wider adoption of digital transactions. We are honored and grateful for TJSB's trust in our services".

TJSB offers a comprehensive range of financial services, including savings and current accounts, loans and third-party products like insurance and mutual funds. The bank is also recognized for its innovative digital banking solutions, such as mobile banking, internet banking, and a user-friendly mobile application.

With the addition of TJSB to its extensive network, CCAvenue now partners with over 60 leading banks integrated with its direct debit engine, establishing itself as one of South Asia's largest payment gateways offering such services. Since pioneering the introduction of Net Banking facility in India back in 2001, CCAvenue continues to lead innovation in digital payments.

About TJSB Sahakari Bank Ltd.
Established in 1972 with its first branch in Thane, TJSB Sahakari Bank Ltd. has grown into one of India's leading multi-state scheduled co-operative banks. Over the past 53 years, the bank has built a strong foundation driven by visionary leadership, loyal customers, and a committed workforce. Today, TJSB serves a diverse customer base through a robust network of 159 branches across Maharashtra, Goa, Karnataka, Gujarat, and Madhya Pradesh. Along with traditional banking, the Bank provides an extensive portfolio of financial solutions including life and non-life insurance, mutual fund distribution, and forex business services under its AD-I licence.

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.