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2001 |
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October 15, 2002 *ResAvenue Expands Payment Options With American
Express.
October 15, 2002 ResAvenue,
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, ResAvenue
is committed to providing a safe, reliable and convenient method
for online sales and purchases. With Amex now in its list of 'accepted
cards', ResAvenue
has made e-commerce safe and easy for millions of Amex cardmembers
across India," said Mr Patel, CEO, Avenues. "By Amex
cards, ResAvenue
appointed merchants will now have an all important additional
choice of payment for secure, online transactions."
ResAvenue
enables any business or consumer with email to send and receive
online payments securely, conveniently and cost-effectively. ResAvenue's
network builds on the existing financial infrastructure of bank
accounts and credit cards to create a global payment solution.
ResAvenue
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 ResAvenue
Established in the year 2001and headquartered in Mumbai, India,
ResAvenue
provides turnkey e-commerce solutions to hundreds of e-merchants
across India. ResAvenue
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. ResAvenue's
Payment Solutions process credit cards and net banking transactions
and work with any business model, including Internet call centers
and retail. ResAvenue
has also formed strategic alliances with leading financial institutions
and technology partners to deliver the most comprehensive online
authorisation and processing services available to Indian eMerchants.ResAvenue's
secure, complete and leading-edge payment services maximize growth
at every stage of a merchant's business lifecycle.
For more information about ResAvenue,
visit the company on the world wide web at www.ResAvenue.com
or call (022)-26000816/46 and 26491524.
