Building on its legacy of pioneering initiatives, CCAvenue, India's leading digital payment gateway and a flagship brand of Infibeam Avenues Limited, announced the strengthening of its existing fintech partnership with Bengaluru-based Ujjivan Small Finance Bank to revolutionize merchant payment experiences across the country. Unveiled at the prestigious Global Fintech Fest 2025 in Mumbai, this collaboration marks a significant milestone in driving financial inclusion and digital commerce.
Through this tie-up, CCAvenue payment gateway will now power Ujjivan Small Finance Bank with its cutting-edge, white-labelled payment gateway solutions, enabling the bank to offer its vast network of merchants a seamless, secure, and branded digital payments experience. This exclusive arrangement not only extends CCAvenue's Digital Payment Suite to thousands of new businesses but also empowers Ujjivan Small Finance Bank to strengthen its digital offerings and play its role in accelerating the cashless ecosystem in India.
This collaboration reflects CCAvenue's commitment to leading innovation in the dynamic Fintech ecosystem. By integrating its payment gateway platform with Ujjivan Small Finance Bank's offerings, CCAvenue aims to deliver greater convenience and flexibility to the bank's merchants, while redefining benchmarks for seamless payment experiences across the industry.
CCAvenue has consistently forged impactful partnerships with leading banks to address the rising demand in seamless payment solutions. Its latest tie-up with Ujjivan Small Finance Bank reinforces this track record of success, further cementing CCAvenue's reputation as a trusted payment gateway that delivers a wide spectrum of financial solutions to its vast network of merchants.
Speaking on the occasion, Mr. Pankaj Dedhia, Group Chief Business Officer at Infibeam Avenues Limited, said, "We are pleased to enhance our strategic partnership with Ujjivan Small Finance Bank at the Global Fintech Fest 2025. This collaboration is a crucial turning point in our journey to empower businesses with cutting-edge digital payment solutions. By offering our white-labelled gateway to Ujjivan's extensive merchant network, we are not only expanding access to our robust and secure platform but also enabling the bank to strengthen its digital offerings with a branded solution of its own. Together, we aim to deliver seamless, flexible, and inclusive payment experiences that will drive growth and accelerate the adoption of digital commerce across India."
Sharing his thoughts, Mr. Hitendra Jha, HOD Retail Liabilities, TASC and TPP, Ujjivan Small Finance Bank, stated: "At Ujjivan Small Finance Bank, our priority has always been to enhance customer experience through meaningful partnerships and digital innovation. This collaboration with CCAvenue is a step forward in that direction, enabling us to deliver a secure, seamless, and branded digital payments ecosystem to our wide network of merchants. By leveraging CCAvenue's advanced technology and our strong banking presence, we are confident on offering businesses and their customers greater convenience, flexibility, and trust in every transaction. Together, we aim to build a future-ready digital banking experience that supports financial inclusion and drives growth across India"
The said alliance provides Ujjivan Small Finance Bank's wide network of merchants with CCAvenue's comprehensive stack of digital payment solutions including Website payment gateway, Link based payments, UPI stack, Payment forms, with many more value added solutions to ensure maximum flexibility for their customers. Merchants will now be able to utilize CCAvenue's payment options, rendering easy purchases, thereby driving higher sales conversions and improved affordability.
Ujjivan Small Finance Bank's extensive merchant base is now enabled through this integration, to seamlessly accept digital payments from customers across a wide spectrum of sectors including e-commerce, SaaS, government services, utilities, education, travel, retail, healthcare, BFSI, IT services, as well as startups, small businesses, large enterprises, NGOs, housing societies, real estate, OEMs, and FASTag.
Additionally, CCAvenue will provide advanced features such as 18 multilingual checkout pages, international payments in 27 currencies, flexible integration options through APIs, SDKs, web integrations and ready-to-use plugins, dynamic routing, fraud and risk management tools, and smart analytics dashboards. These services will allow Ujjivan's merchants to not only process payments safely and efficiently but also gain meaningful insights into customer behavior and transaction trends. To be precise, the bank will now extend a white-labelled digital payments ecosystem, powered by CCAvenue's robust technology, to its clients - enabling them to scale their businesses by accepting online payments through multiple modes.
Shares of Infibeam Avenues Limited was last trading in BSE at Rs. 19.13 as compared to the previous close of Rs. 19.03. The total number of shares traded during the day was 469949 in over 920 trades.
The stock hit an intraday high of Rs. 19.37 and intraday low of 18.94. The net turnover during the day was Rs. 8985487.00.
Shares of Ujjivan Small Finance Bank Limited was last trading in BSE at Rs. 51.90 as compared to the previous close of Rs. 50.47. The total number of shares traded during the day was 3452377 in over 16683 trades.
The stock hit an intraday high of Rs. 52.30 and intraday low of 49.76. The net turnover during the day was Rs. 178168182.00.