
March
1, 2002* Centurion Bank in tie-up with CCAvenue
March
1, 2002. This is the latest in CCAvenue.com's list of corporate
tie-ups. After having joined hands with some of India's leading
names in the financial industry, CCAvenue.com now offers its
merchants the convenience of doing business through the Centurion
Bank net banking interface.
One
of India's fastest growing private sector banks, Centurion
Bank is promoted by Keppel Tatlee Bank of Singapore, and its
equity is held by International Finance Corporation - Washington
and Asian Development Bank - Manila. Centurion Bank has carved
a niche for itself in the late nineties as one of the forerunners
of new age banking in India. Currently, the bank has branches
in 43 cities and towns with 116 ATMs across India.
In
line with that reputation, this new association will facilitate
Centurion Bank account holders to pay for goods and services
of CCAvenue appointed merchants by directly debiting their
net banking accounts in real time.
"Our
objective would be to make the local payment gateway available
to as many Indian customers as possible. With our latest tie-up
with Centurion Bank, we have just expanded our market by a
few thousands again," explained Mr. Vishwas Patel, CEO
of Avenues.
He
further went on to explain that with every tie-up, and thereby
increase in customer reach and payment options, CCAvenue's
merchants have access to an ever-expanding local consumer
market, at negligible costs and profits. "This,"
he said, "would be the driving force of our success!"
About
Centurion Bank
One
of India's fastest growing private sector banks, Centurion
Bank is promoted by Keppel Tatlee Bank of Singapore, and its
equity is held by International Finance Corporation - Washington
and Asian Development Bank - Manila. Currently, the bank has
branches in 43 cities and towns with 116 ATMs across India.
About
CCAvenue
Established
in the year 2001and headquartered in Mumbai, India, CCAvenue
provides turnkey e-commerce solutions to hundreds of e-merchants
across India. CCAvenue is the preferred Indian payment-processing
service for e-commerce, providing server-based payment solutions,
enabling merchants to process secure transactions in real
time, 24 hours a day. The company's service is powered by
proprietary technology that integrates online payment processing,
fraud control, financial reporting and tracking. CCAvenue's
Payment Solutions process credit cards and net banking transactions
and work with any business model, including Internet call
centers and retail. CCAvenue has also formed strategic alliances
with leading financial institutions and technology partners
to deliver the most comprehensive online authorisation and
processing services available to Indian eMerchants.CCAvenue's
secure, complete and leading-edge payment services maximize
growth at every stage of a merchant's business lifecycle.
For more information about CCAvenue, visit the company on
the world wide web at
www.CCAvenue.com or call (022)-26000816/46 and 26491524.
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