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.
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