Infibeam Avenues inks deal with Oman’s Bank Dhofar for online payments

By: |
October 9, 2020 10:45 AM

Under the agreement, Infibeam Avenues, through its digital payment solution, CCAvenue Payment Gateway Service will process online card transactions of various payment networks for Bank Dhofar and help the bank to authorise online payment for its customers.

SBI cardsSBI Cards share price has surpassed the previous high of Rs 895 apiece touched yesterday

Fintech solutions provider Infibeam Avenues on Friday said it has inked a pact with Oman’s Bank Dhofar for processing online payments.

“The company has entered into a definitive agreement with Oman’s second largest bank, Bank Dhofar, to offer its acquiring processor services to the bank,” Infibeam Avenues said in a regulatory filing.

Under the agreement, Infibeam Avenues, through its digital payment solution, CCAvenue Payment Gateway Service will process online card transactions of various payment networks for Bank Dhofar and help the bank to authorise online payment for its customers.

The company has said it has expanded its operations in the Middle East by entering Oman to offer payment gateway services to financial institutions.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1We have recast loans worth Rs 600 crore: LV Prabhakar, MD & CEO, Canara Bank
2Kotak Mahindra Bank Rating: Buy- A strong second quarter for company
3IndusInd Bank Q2 net falls 53% on higher provisions