Snapdeal-owned digital payments platform FreeCharge has partnered with a payment gateway CCAvenue to strengthen its offerings, as it gains access to over one lakh online merchants across sectors like hospitality, retail and education.
It will also help them access real-time,multi-currency online payment services, FreeCharge. FreeCharge directly competes with payment e-wallets like Alibaba-backed Paytm, and Flipkart’s recently launched Flipkart Money.
Founded in 2001, CCAvenue is a payment gateway service provider offering real-time, multi-currency payment solutions to businesses in hospitality, education, online retail and other major industry verticals.
CCAvenue is a Commerce Service Provider, authorized as a Master Merchant, by Indian financial institutions, to appoint Sub Merchants, to accept and validate Internet payments via Credit Card, and Net banking facilities from the Sub Merchant’s (your) customers in real-time. We provide a secure link between your website, various Credit Card issuing institutions, acquiring Banks and the payment gateway providers. Please Note: At present, CCAvenue offers these payment services, exclusively for websites owned by Indian entities only.
- Snapdeal is an online marketplace, New Delhi, India. The company was started by Kunal Bahl, a Wharton graduate as part of the dual degree M&T Engineering and Business program at Penn, and Rohit Bansal, an alumnus of IIT Delhi in February 2010.
- snapdeal CEO – Kunal Bahl
So lets do:
- Who is the CEO of Snapdeal?
- Payments platform FreeCharge has partnered with Which payment gateway?
Source – The Hindu