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Infibeam Avenues Ltd's CCAvenue gets Honoured with the Prestigious 'Web & Mobile App Development' Award at Economic Times' ET Entrepreneur Awards 2024
13th March, 2024
Infibeam Avenues Ltd's CCAvenue gets Honoured with the Prestigious 'Web & Mobile App Development' Award at Economic Times' ET Entrepreneur Awards 2024 CCAvenue, the flagship payment brand of Infibeam Avenues Ltd, has been honoured with the coveted 'Web & Mobile App Development' accolade at the esteemed Economic Times' ET Entrepreneur Awards. This recognition serves as a testament to the soaring popularity and widespread adoption of CCAvenue TapPay as a preferred payment mode.

The prestigious award ceremony took place at the Hyatt Regency in New Delhi on the 13th of March 2024, where Mr. Pranjal Pandey, Deputy Vice President of Infibeam Avenues Ltd, graciously accepted the award on behalf of the organization.

Under the sub-category, the award recognizes the exceptional service providers who have demonstrated excellence, innovation, and significant contributions in the field of web and mobile app development.

Commenting on the win, Mr. Pankaj Dedhia, Chief Business Officer, Infibeam Avenues Ltd said: "We are delighted to receive this esteemed accolade. On behalf of CCAvenue, I would like to thank the distinguished jury and The Economic Times, the organiser for this honour. This win is truly special for CCAvenue, coming close on the heels of the company receiving the final payment aggregator license for operation from RBI".

Deliberating further, Mr Dedhia says that the company's omni-channel business app with the integrated TapPay feature is making a huge difference for lakhs of merchants in India by enabling easy payment acceptance through an array of lucrative payment modes including the company's user-friendly payment links, QR codes and TapPay. "This award will spur us on to continue developing more growth-oriented payment solutions for Indian businesses," he added.

Infibeam Avenues' CCAvenue TapPay helps to overcome challenges of payment acceptance, connectivity and cost constraints faced by micro-entrepreneurs, smaller businesses and retail outlets of larger organisations across India, especially in rural and remote areas where these issues are accentuated.

This low-cost payment acceptance solution has already proved to be a game changer across several industry segments as it enables businesses to accept payments conveniently from their customers on the merchants' own NFC-enabled smartphone (in lieu of costly POS hardware), through a simple tap of a debit or credit card.

Over the years, CCAvenue payment aggregator has received several top awards and recognitions, including ET Best BFSI brands 2022, 'Fintech of the Year' title at the Indian Leadership Summit & Awards 2024, Superbrands 2023-24, 'Business App of the Year' title at the Idea Awards 2023, 'Best Tech for E-Commerce' accolade at IAMAI's 13th Digital Awards, 'Best Online Payments Solution - Merchant' title at the Business Innovation Awards and 'Best Online Payments Solution' title at the Drivers of Digital Awards.

The ET Entrepreneur Awards celebrates entrepreneurial excellence and highlights outstanding achievements in the business world. It is a platform that honors the remarkable contributions and innovations of entrepreneurs across various industries. The primary objective of these Awards is the acknowledgement and celebration of the entrepreneurial spirit, innovation, and significant accomplishments of individuals and companies.

About CCAvenue
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.