Infibeam Avenues’ payments platform, CCAvenue, joins forces with Shivalik Small Finance Bank (SFB) to grant merchants access to the bank’s customer base. The partnership integrates Shivalik SFB’s internet banking service with CCAvenue’s payment platform, enabling account holders to make payments on CCAvenue-powered websites. With a wide range of merchants across various sectors, including retail, travel, and telecommunications, CCAvenue facilitates transactions through credit cards, debit cards, net banking, mobile wallets, and UPI. T Nandakumar Menon, Senior Vice President at Infibeam Avenues, anticipates lucrative growth opportunities for online entities in India through this collaboration. Shivalik SFB, boasting over 600,000 customers across several states, aims to enhance its digital payment capabilities through this partnership.
CCAvenue Partners with Shivalik Small Finance Bank to Expand Payment Access
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