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Infibeam Avenues, in a move aimed to offer next]gen payment processing services under the flagship brand CCAvenue to merchants in Oman and to give a boost to the eCommerce sector in the region, announced its collaboration with Bank Muscat, Oman's biggest Bank. With this move, Infibeam Avenuesf has accelerated its move further to widen its footprint in the Middle East.
CCAvenue.com has already established itself as a leading digital payment
facilitator in the UAE and Saudi Arabia. With this tie]up, the Company will
consolidated its presence in Oman and establish as one of the leading fintech
player in digital payments and enterprise technology provider in the region.
The Company has entered into definitive agreement with Bank Muscat, to
offer its acquiring processor services to the bank. Under the agreement,
Infibeam Avenues, through its digital payment solution, CCAvenue Payment
Gateway Service (CPGS), will process online card transactions of various
payment networks for Bank Muscat and help the Bank to authorize online
payment for its merchants which intends to boost fast growing eCommerce
sector in the region.
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