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CCAvenue.com ties up with Andhra Bank for their ATM cum Debit Card Processing
June 4, 2012

CCAvenue.com, India's largest neutral online payment gateway has tied up with Andhra Bank, one of the top 20 Public Sector Banks in India for their Debit Card processing and added yet another debit card option to its list of payment network. Now, Andhra Bank debit card holders can shop online at thousands of websites powered by CCAvenue.com and pay online through a debit card. CCAvenue.com has always strived to bring it's merchants, the best and the maximum number of payment options.

CCAvenue.com merchants also benefit from the addition of this payment option. The addition of Andhra Bank ATM cum Debit Card, as a payment option will expand CCAvenue.com merchants' reach to include a well-established customer base in southeastern India as well as the rest of India. Now, CCAvenue.com merchants can sell and collect payments for their products and services instantly and directly online, easily.

About Andhra Bank
Established in 1923 by the eminent freedom fighter Dr. Bhogaraju Pattabhi Sitaramayya, Andhra Bank is a Public Sector bank based in Hyderabad.

Andhra Bank offers banking services such as Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations in the business segment. Its loan portfolio includes priority sector advances, retail lending, agriculture loans, micro credit, educational loans and housing loans. Deposits offered include current deposits, savings bank deposits and term deposits. In addition to regular banking services and solutions, Andhra Bank also offers services such as AB Premium Current Account and AB Privilege Corporate Salary Savings Bank Account with extra benefits to the customers.

Andhra Bank has nearly 1536 branches, 49 Extension Counters, 38 Satellite Offices, 22 Zonal Offices and an ATM network of 798 ATMs across the country.

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 subsidiary companies and offices in USA and Singapore. Avenues has developed several innovative, cutting-edge ASP hosted solutions that are used by thousands of eMerchants globally.

Beginning as a single product company that catered to the local market, Avenues has become a multi-product company that operates on a global scale. The Avenues support and development center is based in Mumbai, India. The total strength of the Avenues team is currently 125 persons spanning across all offices.

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.com® 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), 20+ Chinese Banks and 3 Singapore Banks
  • Mobile Payment Solutions via PayMate®, SBI Freedom and UMobile
  • Cash Card Processing of ITZ Cash®, Done Card, OxiCash and NoQ24x7

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