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CCAvenue Integrates ATM PIN Debit Card Facility of Syndicate Bank, One of the Country's Leading Commercial Banks
January 30, 2018

In its constant endeavour to offer the most extensive network of payment options to its web merchants, CCAvenue.com, India's largest third party payment aggregator, has integrated Syndicate Bank's ATM PIN Debit Card option. This move will enable the bank's large user base of ATM PIN Debit Card holders to shop and make payments conveniently and securely at 1 lakh+ Indian websites powered by CCAvenue.

Syndicate Bank, one of the oldest and leading commercial banks in India, was founded in Udupi in 1925. Its primary objective was to extend financial assistance to the local weavers facing a crisis through the mobilization of small savings from the community. The bank has established a strong presence across India with 60 Regional Offices (RO) that ensure smooth functioning and control business operations in the various regions. It also has 3952 Brick and Mortar Branches including an overseas branch in London, 12 extension counters, and 37 satellite offices as of July 2017.

With the inclusion of this new payment option, CCAvenue now offers the ATM PIN Debit Card facility of several leading banks including Andhra Bank, Canara Bank, ICICI Bank, Indian Bank, IDFC Bank, Union Bank of India and Punjab National Bank. This payment mode is becoming increasingly popular as customers can altogether avoid the hassle of lengthy transactions in which they need to provide the CVV number and password during the payment process. Instead, all they need to do is enter their regular ATM PIN on the bank's transaction page to complete the payment.

Our merchant partners can leverage Syndicate Bank's ATM PIN Debit Card option to boost sales and increase their revenue stream significantly. As CCAvenue integrates more and more lucrative payment options in the near future, its web merchants could harness them effectively for the expansion of their digital businesses.

About Syndicate Bank

syndicate_bank Established in Udipi in 1925, Syndicate Bank is among the oldest and leading commercial banks in the country. The bank has established a strong presence across India with its headquarters in Manipal and 60 Regional Offices (RO) that ensure smooth functioning and control business operations in the various regions. It also has 3952 Brick and Mortar Branches including an overseas branch in London, 12 extension counters, and 37 satellite offices as of July 2017. The bank's total business grew to INR 4,75,313 Crore as on 30th June 2017, whereas its Deposits stood at INR 2,72,578 Crore on that date. The bank received the National Award for excellence in lending to Micro enterprises from the Ministry of MSME, Govt. of India for the period 2010-11.

About CCAvenue
CCAvenue is a PCI DSS 3.2 compliant payments platform for ecommerce businesses in India. It is designed to help its 1 lakh+ merchants accept online payments through a spectrum of new-age payment options including 7 major Credit Cards, 98+ Debit Cards (All MasterCard /Visa /Maestro /RuPay Cards), Amex EzeClick, 53+ Net Banking, 16 Prepaid Instruments, UPI and up to 13 Multi Bank EMI options. Backed by a 16-year history of industry firsts, outstanding innovations and prestigious accolades, CCAvenue offers a multi-channel payment platform, along with a bunch of disruptive features such as CCAvenue Checkout, CCAvenue S.N.I.P., CCAvenue Store Front, CCAvenue Card Storage Vault (tokenization) and more.


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