Mumbai, Sept.1, 2001.

Avenues launches CCAvenue.com, India's only complete online realtime payment gateway. With backend processing of Mastercard and Visa credit cards through ICICI Payseal and HDFC Bank's payment gateways, CCAvenue is targeting Indian net merchants who can now overcome the prohibitive costs of set up and integration hitherto charged by financial institutions in India. Now Indian customers can pay in Rupees when shopping from Indian Sellers.

In addition to providing real time credit card and net banking payment options, CCAvenue also provides to its merchants, a ready made Shopping Cart, an auction payment collection facility and a comprehensive accounting module.

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