July 5, 2002 *Now splurge
on your ICICI Infinity Net Banking Account! ResAvenue
shows you how!
July 5, 2002. ResAvenue.com,
India's first neutral online payment gateway has tied
up with ICICI Infinity Net Banking services. With
this tie-up, account holders of ICICI Infinity will
now be able to use their online accounts to shop at
any of ResAvenue's
merchants sites.
ICICI Infinity Net Banking tie-up
is the latest in ResAvenue.com's
network of associates. The company's objective is
to open up the arena of online shopping to as many
Indian consumers as possible; by giving them a wide
choice of payment options.
Mr. Vishwas Patel, CEO of Avenues,
the holding company of ResAvenue.com
said, "ICICI Bank is today one of the most dynamic
banks and easily the biggest in terms of Net banking
users on the Indian scene. By tying up with ICICI
Infinity, we are proud to be offering our appointed
merchants goods and services to the million odd ICICI
Infinity Net banking customers. These are customers
who are serious about using their shopping time and
monies optimally and now have a choice of paying across
the widest possible range of quality goods and services
of our appointed merchants. It is a win-win situation
for ICICI Bank, its customers, ResAvenue and its appointed merchants. In short…everybody
gains from this tie-up."
About ICICI Bank
ICICI Bank has over 47 Lakhs customer accounts
and has a network of 357 branches, 44 extensions counters,
over 1000ATM's and an asset base of over Rs. 1,00,000
crores, as of 31st January, 2002. It has over a million
internet banking account which includes over 2,00,000
N.R.I Internet banking account. ICICI bank has after
its merger with ICICI Limited has become the second
biggest financial entity in the country, second only
to the State Bank of 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.
