CCAvenue: Procedure to Activate or Revive the Visa and MasterCard Payment

How to activate or revive Visa and MasterCard payment options on your website through ICICI Bank

Avenues is an approved as a MasterCard Third Party Processor under the MasterCard Member Service Provider (MSP) Program with ICICI Bank.

If you are interested in reviving the MasterCard option, in your CCAvenue account, kindly follow the below procedure for ICICI Bank MasterCard Activation.

* Kindly Note : You are required to send 2 set of documents as mentioned below :

1.) Please download ICICI Bank Merchant Aggregator General Terms print on plain paper. Please get the Agreement franked for the value of Rs 300/- OR separately attach Non-Judicial stamp paper for the value of Rs 300/- with the following content written on it.

This Non-Judicial Stamp Paper forms an integral part of Agreement entered between Avenues (India) Pvt Ltd, ICICI Bank and _________________________________________(Company name) on _____________(date) (Kindly ensure that the Stamp and Sign on the bottom right hand corner of each page, you should sign if you are entering into an addendum with us in your personal capacity, or the concerned signing authority with a firm/company/trust etc name and designation Rubber Stamp – in the event it is a Limited Liability company, Partnership firm and sole proprietorship firm).

2.) Please download ICICI Bank Merchant Application Form print on plain paper and fill the required details. Stamp and Sign on the bottom right hand corner of each page, you should sign if you are entering into an addendum with us in your personal capacity, or the concerned signing authority (with a firm/company/trust etc name and designation Rubber Stamp - in the event it is a Limited Liability company, Partnership firm and sole proprietorship firm).

3.) Please download ICICI Bank E-com Addendum print on plain paper and fill the required details. Stamp and Sign on the bottom right hand corner of each page, you should sign if you are entering into an addendum with us in your personal capacity, or the concerned signing authority (with a firm/company/trust etc name and designation Rubber Stamp - in the event it is a Limited Liability company, Partnership firm and sole proprietorship firm).

4.) Please download Direct Debit Mandate Form print on plain paper and fill the required details and get it verified by you ICICI Bank

5.) Please download RCU Sales Template Kindly fill the RCU sales Template and send it by email to compliance@ccavenue.com. Kindly further note that hard copy of RCU Sales Template in also required to be sent along with the documents. Print out RCU Sales Template on plain paper. You should Stamp and sign it on the bottom right hand corner of each page and towards end of RCU sales Template.

6.) Please download RCU declaration Form and print out on your company Letter Head. You should stamp and Sign it on the bottom Left hand corner page and towards end of the RCU declaration.

Documents Required
Please also include these documents relevant to the status of your business organization:

I. Sole Proprietor

a) Office Address proof: Copy of your Landline telephone bill OR electricity bill (latest - for the last 2 months) duly attested as True Copy by you.

b) Shop and Establishment Certificate.

c) Audited Balance sheet & P & L statement for the last 2 years and Current Account statement for the last six months duly attested as True Copy by you.

d) Copy of your PAN card duly attested as True Copy by you.

e) Sales Tax registration OR Income Tax registration OR Municipal registration duly attested as True Copy by you.

f) A letter of proprietorship on Your Letterhead containing the following matter:From: Mr/Mrs. ...........................
Address.......................

To,
ICICI Bank Ltd.
Mumbai

I wish to inform that I............. trading under the name and style of M/s........................and that I am sole proprietor of the said concern. I shall be responsible for all transactions in my account with you and obligations incurred with you or arising from the operation of my account, whether such obligations or transactions are in the course of business under the said trade name and style or otherwise.
Not withstanding any change in the constitution of my concern or disposal of my proprietary interest in business in the said name and style of the business is closed for any reason, I shall continue to changes and also reconstitute or close the account as may be warranted

Yours faithfully
…………………………………
(to be signed in individual capacity, without rubber stamp)

Date: Place:

II. Partnership (Registered or Unregistered)

a) Office Address proof: Copy of your Landline telephone bill OR electricity bill (latest - for the last 2 months) duly attested as True Copy by you.

b) Copy of Partnership Deed duly attested as "True Copy" by you.

c) Copy of PAN card. (Firm and Partners) duly attested as True Copy by you.

d) Audited Balance sheet & P & L statement for the last 2 years and Current Account statement for the last six months (Firm) duly attested as True Copy by you.

e) Sales Tax registration OR Income Tax registration OR Municipal registration duly attested as True Copy by you..

f) Letter of Partnership on your Letterhead containing the following matter:

To,
ICICI Bank Ltd.
Mumbai.

We, the undersigned ..................(name of all the partners) request you to take notice that we are trading in partnership under the name and style of M/s............and that our firm has been registered under the provisions of the Indian Partnership Act with registrar of Firms at............ and further request that all transactions entered into with you by all or any one or more of us and all obligations incurred by all or any one or more of us whether under the signature of the firm or subscribed by the individual signature of the person or persons entering upon the transaction or incurring the obligation with or without co-obligants may be regarded by you as entered into and incurred for and on behalf us jointly and severally and also on behalf of all of us jointly and severally and also the assets of the firm liable for amount due to you. We further hereby intimate to you that as per an agreement between the ICICI Bank Ltd. on the one part and ourselves on the other part to be estate whether joint or separate and person of each and every one of us is liable to you in respect of all or any of the aforesaid transactions or obligations. The retiring partner shall be liable to issue notice to you regarding retirement in the manner required under section 32 of Partnership Act and such retiring partner/s shall be liable and continue to be liable to you for any act done by any of the partners until public notice given of the retirement as aforesaid.

This letter shall operate and be effective not withstanding any provision on our deed of partnership, which may conflict with any of the terms herein.

Place: Date:

Name, address and signature of all the partners (to be signed in individual capacity, without rubber stamp)

III. Limited Liability Companies (Public or Private) / Any other body in corporated under the companies act.

a) Board of Resolution containing the following text matter on Company's letterhead and duly signed and stamp by at least TWO Directors

Certified true copy of the resolution passed at the meeting of the committee of Directors of the Company held on..............
"Resolved that the consent of the Board be and is hereby accorded to enter into an agreement with ICICI Bank Ltd., Mumbai for availing of payment gateway services on terms and conditions as specified in the agreement. Further resolved that Mr............. of the company be and hereby severally authorized to sign and execute on behalf of the company, all agreements, undertakings and any other documents that may be necessary for availing the said services from ICICI Bank Ltd. And to do all such acts that may be necessary to implement the foregoing resolution.

Director	Director
(Name, sign and stamp)	(Name, sign and stamp)

b) Copy of Memorandum & Articles of Association, which include the Certificate of Incorporation and/or Business Registration Number duly attested as "True Copy ". An authorized signatory of the company should attest this.

c) Latest list of all Directors with their Addresses If there are more/less directors other than mentioned in the MOA & AOA, then in that case, Form 32 along with the proof of registration with ROC for adding / deleting the name/s of director/s duly attested as True Copy by you.

d) Copy of PAN card. (Company and Directors) duly attested as "True Copy ". An authorized signatory of the company should attest this.

e) Audited Balance sheet & P & L statement for the last 2 years and Current Account statement for the last six months. (Company) duly attested as "True Copy ". An authorized signatory of the company should attest this.

f) Office Address proof - Landline telephone bill OR electricity bill (latest - for the last 2 months) duly attested as "True Copy ". An authorized signatory of the company should attest this.

g) Sales Tax registration OR Income Tax registration OR Municipal registration duly attested as True Copy by you.

After we receive your documents as mentioned in the mail, we will forward the same to ICICI Bank, for pre approval of your merchant account.

As per the ICICI Bank's policy Open a Bank account at the nearest convenient ICICI Bank. This bank account has to be Current account and it has to be of the same name (legal entity) that is signing the agreement with ICICI Bank.
To ensure smooth and early approval of your Merchant Account by ICICI, it is very important that you put in place the following elements in your website (Please note, the bank will keep your application on hold till you have all these elements):
Please check signatures to ensure that your Agreement is processed quickly and without any back and forth delays:
1. Personal Capacity: If you are entering into an agreement with us in your personal capacity, you should sign the agreement. Please check that you have signed on all pages of the Agreement at the bottom right hand corner.
2. Company: If your Firm/ Company/ Organization is entering into the Agreement, the concerned SIGNING AUTHORITY should sign the Agreement and should sign at the bottom right hand corner of all pages and towards the end of the agreement in the column mentioned For and on behalf of the Merchant on last page (backed by a Rubber Stamp containing the Signing Authority s name and designation as well as the name of the Firm/ Company/ Organization. This also applies to a Limited Liability Company, Partnership firm and Sole Proprietorship firm)

We will forward the documents to the Bank with a request to activate MasterCard. The activation process is done from the Bank's end. Once MasterCard is made live by the Bank, we will inform you of the good news by email and the MasterCard option will automatically appear as a payment option on your website. We are confident that after this you will see a significant increase in sales. So act now and send us the Agreement to enable MasterCard on your website.

Please note:

	The Funds processed through Visa and MasterCard will be directly settled in your ICICI Bank Account on the very next day of capture.
	Your website name will appear on your customers MasterCard/Visa Card statement.
	There is no new integration required to be done on your website. You just have to complete the documents and we will generate your ICICI MID and integrate it in your CCAvenue Payment Gateway Account.
	There is no separate set up fee payable by you.
	The per Transaction Rate (TDR) will remain the same as per the scheme selected by you.
	This process applies only for the MasterCard/ Visa payment options.
	As per Visa/ MasterCard's norms, the decision on the approval of your merchant account with ICICI BANK rests solely on ICICI BANK. You will have to abide by their decision.

For all other payment options, CCAvenue will continue to make weekly payouts as it exists now and this will continue to work without any change.

We look forward to your response. For any queries, please contact: compliance@ccavenue.com or use the Live Chat on our site or call on the numbers mentioned in the signature line below.

We thank you for your support and seek your continued cooperation.

Kindly send all the above mentioned Documents to the following address:

Business Development Team
Avenues India Pvt Ltd
Plaza Asiad, Second Floor,
Station Road, Santa Cruz (West),
Mumbai 400054.India.
Ph: +91 22 67425555 / 26000816 / 46 / 26491524 / 32913622
Ext.: 316/321
Fax: +91 22 67425542 / 26480772

Email: compliance@ccavenue.com
Visit us at: www.CCAvenue.com