October 15, 2002 *CCAvenue Expands Payment
Options With American Express.
October 15, 2002 CCAvenue, India's first
and only neutral online payment gateway, announced today that
it would team up with financial services giant American Express
to expand payment options to 50 million American Express card
holders worldwide.
"As a pioneer in online payments in India, CCAvenue is
committed to providing a safe, reliable and convenient method
for online sales and purchases. With Amex now in its list
of 'accepted cards', CCAvenue has made e-commerce safe and
easy for millions of Amex cardmembers across India,"
said Mr Patel, CEO, Avenues. "By Amex cards, CCAvenue
appointed merchants will now have an all important additional
choice of payment for secure, online transactions."
CCAvenue enables any business or consumer
with email to send and receive online payments securely, conveniently
and cost-effectively. CCAvenue's network builds on the existing
financial infrastructure of bank accounts and credit cards
to create a global payment solution. CCAvenue is a popular
payment network for online auction payment collection and
is being increasingly used at other e-commerce sites for the
sale of goods, services, and digital content.
American Express
American Express Company is a diversified worldwide travel
and financial services company founded in 1850. It is a leader
in charge and credit cards, Travelers Cheques, travel, investment
products, insurance and international and online banking.
About CCAvenue
Established in the year 2001, CCAvenue provides turnkey e-commerce solutions to thousands of e-merchants. It 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 was specially designed by Avenues’ South Asia's largest integrated ecommerce company. Avenues is a profitable, debt-free company and currently services thousands of eMerchants worldwide through its solutions www.CCAvenue.com, www.ResAvenue.com, www.EventAvenue.com, www.MembersAvenue.com, www.TrustAvenue.com, www.BpoAvenue.com. It is the largest integrated eCommerce solutions provider in South Asia. Avenues’ is incorporated in India, and has offices in Singapore, Hong Kong, and USA. The Avenues support and development center is based in Mumbai, India. The total strength of the Avenues team is currently 120 personnel, spanning across all disciplines.
For more information about CCAvenue, visit: www.CCAvenue.com
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