Avenues :: Payment gateway India

CCAvenue.com is aimed at providing quick, secure, affordable and complete e-commerce solutions to Indian merchants wanting to transact on-line business and cost effectively enter the digital economy.

AVENUES (INDIA) PRIVATE LIMITED is the holding company of www.ccavenue.com It has been approved as a Master / Super Merchant by CITIBANK, I.C.I.C.I ePayments H.D.F.C and is also in a process of tying up with various Indian and foreign banks. Mr.Vishwas Patel is the Co-founder and Chief Executive Officer.

Associates :

CITIGROUP
Citigroup (NYSE:C), the pre-eminent global financial services company, provides some 120 million consumers, corporations, governments and institutions in more than 100 countries with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage and asset management. Major brand names under Citigroup's trademark umbrella are Citibank, CitiFinancial, Primerica, Salomon Smith Barney, and Travelers.

CITIBANK
Citibank is a member company of Citigroup, the largest and the most diversified provider of financial services in the world. With its 99-year history, Citibank has come to be acknowledged as one of the leading international banks in India, with a track record of outstanding business milestones.
In India, it was the pioneer in :
- consumer banking, being the first to introduce focused consumer lending programs;
- electronic banking, having made significant investments in technology.
- launching credit cards in India, and ranks amongst the leading credit card issuers in the country with over 1.5 million card members (i.e. over 70 % of the Indian credit cards are issued by Citibank. It has done 'Due Diligence' and maintains complete detailed records of more than 70% of Indian Credit Card Holders.). Citibank is also amongst the first to launch the Real time Internet Payment Gateway services in India. It will act as CCAvenue's acquiring bank to provide proprietary payment gateway services and will allow Citibank Net Banking and Debit card transactions through CCAvenue.

ICICI ePayments Ltd.
ICICI ePayments Ltd., a subsidiary of ICICI Ltd., (www.payseal.com) is dedicated to providing secure electronic commerce payment solutions.
It is the first company in the Asian region to incorporate Visa International's Global Authentication Payment Mechanism. This is a 3-D secure protocol, which makes it mandatory for the card holder to punch in not only his PIN number, but also a special log-in ID and a password which will enable banks to identify and trace the point of origin of the transaction. This process of tracking will leave absolutely no scope of dispute or charge backs. The Company will also provide proprietary payment gateway services to CCAvenue.

ICICI Bank Ltd.
ICICI Bank Ltd. will also serve as the acquiring bank responsible for verifying and authorizing credit card transactions through their payment gateway and subsequently, payment settlements with CCAvenue. It will also facilitate ICICI Infinity net banking customers to pay directly for your goods and services by debiting their bank accounts in real time. ICICI Bank has over 47 Lakhs customer account and has a network of 357 branches, 44 Extensions counters and has 1000ATM's as of 31st January, 2002. It has over a million internet banking account which includes over 2,00,000 N.R.I Internet banking account. ICICI bank has after its merger with ICICI Limited has become the second biggest financial entity in the country, second only to the state Bank of India

HDFC BANK Ltd.
One of the first private sector banks in India constantly voted as the best new upcoming company of the year for the last two years. Today the bank has a network of over 82 cities in India with over 176 branches and over 500 ATMs . HDFC Bank allows your customers to pay through their HDFC bank accounts. The bank is also actively involved in other e-commerce and m-commerce activities.

AMERICAN EXPRESS BANK LTD.
One of the largest issuers of travel and entertainment credit cards in the world, American Express has more than 50 million credit cards holders' worldwide.

JCB Cards
JCB (Japan Credit Bureau), which launched its card business in Japan in 1961 and began expanding overseas in 1981, is an international brand and the largest card issuer and merchant acquirer in Japan. Its merchant network of 7.96 million spans 183 countries, and serves more than 38 million cardholders worldwide. These cardholders spend US$ 42 billion annually on their JCB cards. More information about JCB can be found at www.jcbinternational.com

IDBI Bank
IDBI, the tenth largest development bank in the world has promoted idbi bank to mark the formal foray of the IDBI Group into commercial Banking. This initiative has blossomed into a major success story of a network that today spans 61 cities, 82 branches & 244 ATMs.The bank currently has over half a million customer accounts and is now-poised to touch a million during next 12-18 months. Idbi Bank is India's youngest and one of the fastest growing new private sector banks.The Bank is surging ahead from strength to strength and is fast transforming into a technology led, service driven, financial services marketing company, managed with intellectual integrity.

UTI Bank
UTI Bank was the first of the new private banks to have begun operations in 1994, after the Government of India allowed new private banks to be established. The Bank was promoted jointly by Unit Trust of India, the largest mutual fund in India, Life Insurance Corporation of India (LIC) and General Insurance Corporation Ltd. and its four subsidiaries viz. National Insurance Company Ltd., The New India Assurance Company, The Oriental Insurance Corporation and United Insurance Company Ltd. Presently the Bank has a very wide network of 145 branch offices, 27 Extension Counters and 22 service counters. The Bank has a network of over 516 ATMs providing 24hrs a day banking convenience to its customers. This is one of the largest ATM networks in the country. The Bank has strengths in both retail and corporate banking and is committed to adopting the best industry practices internationally in order to achieve excellence.

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.

VERISIGN INC.
VERISIGN INC.(Nasdaq:VRSN) is the world's leading provider of trusted infrastructure services to Web sites, enterprises, electronic commerce service providers and individuals. Verisign provides to CCAvenue the critical Web identity, authentication and transaction infrastructure to conduct secure ecommerce transactions and communications

MERCHANT FRAUD SQUAD INC.
Merchantfraudsquad.com: The Merchant Fraud Squad is a not-for-profit organization founded in September 2000 by American Express and other e-commerce leaders. It provides education about fraud prevention techniques and encourages businesses selling online to adopt best practices and anti-fraud technologies. The Network's merchant focus distinguishes this group from others that are trying to combat this problem. This Worldwide E-Commerce Fraud Prevention Network seeks to significantly reduce merchants' exposure to online fraud and promote the growth of e-commerce through enhancement of consumer confidence.

DUN & BRADSTREET INC.
DUN & BRADSTREET (NYSE:DNB) is the world's leading provider of business information, enabling business-to-business commerce for 160 years. D&B's information and technology solutions help businesses reduce credit risk, find profitable customers and manage vendors efficiently. Avenues (I) Private Limited the owner of the website www.ccavenue.com is globally registered with a DNB number 91-843-3652 The D&B D-U-N-S Number is a unique nine-digit identification sequence, which provides unique identifiers of single business entities, while linking corporate family structures together. In today's global economy, the D&B D-U-N-S Number has become the standard for keeping track of the world's businesses.