Welcome to Avenues
Press Room
Home    Press Room 2013  CCAvenue becomes the first and only payment gateway to go Live with DBS Bank's Net Banking option

New Document

CCAvenue becomes the first and only payment gateway to go Live with DBS Bank's Net Banking option
September 06, 2013

CCAvenue, South Asia's largest payment gateway, has proudly announced the inclusion of DBS Bank Ltd to its ever increasing payment network. It has now become the First and Only Payment Gateway to offer DBS Bank's Net Banking facility. Customers of DBS Bank can now shop online at thousands of merchant websites powered by CCAvenue.com by paying conveniently through a direct debit to their bank accounts.

Senior Officials of DBS Bank with Mr. Nandkumar Menon, Head - Alliances, Avenues DBS bank is a leading international bank with a strong presence in India and several other Asian countries. The bank has a huge network spanning over 250 branches and 1,100 ATMs across 50 cities globally. It has received several major awards globally and is a reputed name in the Wholesale Banking sector. In the Personal Banking domain, DBS Bank offers a range of wealth management products to suit the myriad and evolving needs of its customers. The bank attributes its success to the dedication and strengths of its diverse team, and its ability to deliver innovative financial solutions to customers on a regular basis.

With its Indian headquarters in Mumbai, DBS Bank has achieved tremendous success in India within just a short span of time. It has been recognized as "India's Best Foreign Bank" by Financial Express-E&Y in its annual Best Bank Rankings 2010. DBS Bank India provides core banking solutions throughout its network of branches which are mainly situated in the larger cities such as Bengaluru, Chennai, Kolkata, Mumbai, New Delhi, Pune and Surat. The bank increased its loans and advances considerably from Rs. 2,722 Crore at the end of March 2009 to Rs. 13,858 Crore in March 2013.

The addition of DBS Bank in CCAvenue's payment network will help to consolidate the urban customer base of its merchants, thereby enhancing the earning potential and maximizing the revenue inflow of their businesses.

About DBS Bank
DBS bank is a major international bank with a strong presence in India and several other Asian countries. The bank has a vast network spanning over 250 branches and 1,100 ATMs across 50 cities worldwide. With its Indian headquarters in Mumbai, DBS Bank has achieved tremendous success in India within just a short span of time. It has been recognized as "India's Best Foreign Bank" by Financial Express-E&Y in its annual Best Bank Rankings 2010. Moreover, DBS Bank has the highest credit ratings ("AA-" and "Aa1") among banks in the Asia-Pacific region. It has been the recipient of Global Finance's "Safest Bank in Asia" accolade for the past five years because of its strong capital position among other factors.

About Avenues
Incorporated in the year 2001, Avenues is the parent company of CCAvenue.com and is a zero-debt company that has been profitable from its inception. Avenues is headquartered in Mumbai, India and has regional offices in Delhi and Bangalore. Avenues has developed several innovative, cutting-edge ASP hosted solutions that are used by thousands of eMerchants globally.

Avenues has three Business Units namely: Avenues Commercial Services, Avenues Travel Industry Services and Avenues Community Related Services. For more information, log onto: www.Avenues.info.

About CCAvenue.com
CCAvenue.comŽ is South Asia's largest payment gateway solution powering thousands of eMerchants with real time, multi-currency, multiple payment options and online payment processing services. The solution is powered by proprietary technology that integrates transaction-processing, advance shopping cart, auction payment collection facility, fraud control, financial reporting and order tracking.

CCAvenue.com is the only complete PG solution in the region that has the unique ability to offer the full spectrum of Internet payment options, including:
  • All types of Credit Card processing through Multiple Banks and Card Associations
  • Debit Card processing
  • ATM cum Debit Card processing
  • Direct Debit to bank accounts of 44+ Indian Banks (India's largest direct debit engine)
  • Mobile Payment Solutions via PayMate, SBI Freedom and UMobile
  • Cash Card Processing of ITZ Cash®, ICash Card, OxiCash and NoQ24x7
For more information, visit: www.CCAvenue.com

Back Top


New Document
Explore our Solutions
CCAvenue
CCAvenue
TrustAvenue
TrustAvenue
ResAvenue
ResAvenue
HotelsAvenue
HotelsAvenue
EventAvenue
EventAvenue
MembersAvenue
MembersAvenue


New Document
 
Contact Us  |  Careers  |  Sitemap Copyright © 2001 - AVENUES. All Rights Reserved.