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2002 |
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March 1, 2002* Centurion Bank in tie-up with ResAvenue
March 1, 2002. This is the latest in ResAvenue.com's
list of corporate tie-ups. After having joined hands with some
of India's leading names in the financial industry, ResAvenue.com
now offers its merchants the convenience of doing business through
the Centurion Bank net banking interface.
One of India's fastest growing private sector
banks, Centurion Bank is promoted by Keppel Tatlee Bank of Singapore,
and its equity is held by International Finance Corporation -
Washington and Asian Development Bank - Manila. Centurion Bank
has carved a niche for itself in the late nineties as one of the
forerunners of new age banking in India. Currently, the bank has
branches in 43 cities and towns with 116 ATMs across India.
In line with that reputation, this new association
will facilitate Centurion Bank account holders to pay for goods
and services of ResAvenue
appointed merchants by directly debiting their net banking accounts
in real time.
"Our objective would be to make the local
payment gateway available to as many Indian customers as possible.
With our latest tie-up with Centurion Bank, we have just expanded
our market by a few thousands again," explained Mr. Vishwas
Patel, CEO of Avenues.
He further went on to explain that with every
tie-up, and thereby increase in customer reach and payment options,
ResAvenue's
merchants have access to an ever-expanding local consumer market,
at negligible costs and profits. "This," he said, "would
be the driving force of our success!"
About Centurion Bank
One of India's fastest growing private sector banks, Centurion
Bank is promoted by Keppel Tatlee Bank of Singapore, and its equity
is held by International Finance Corporation - Washington and
Asian Development Bank - Manila. Currently, the bank has branches
in 43 cities and towns with 116 ATMs across India.
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.
