Instant Real Time Credit Card Payments for Indian Exporters & Indian Companies Selling At Overseas Exhibitions

Exporters of Indian products and services now have a new and unique avenue for the collection of their export proceeds. ResAvenue can enable any Indian exporter to accept credit card payment, through Visa, MasterCard, American Express, Diners Club & Citibank E-Cards, from overseas buyers via the Internet.

With ResAvenue's "Collect Bill Payment" pre-configured and customized Internet enabled software, exporters can send an electronic invoice to their buyers by email, with a specifically embedded, tamper proof, payment link, which when clicked by the foreign buyer, will prompt him to enter his credit card data directly on a Verisign secure SSL page, provided by Citibank N. A and ICICI Bank Limited. The buyer can then enter his choice of credit card i.e. Visa, MasterCard, American Express, Diners Club or Citibank E-Cards; get real time confirmation of the success of the transaction as well as an email from ResAvenue.

Indian exporters who exhibit abroad, can now process secure real time credit card transactions anywhere in the world, with guaranteed payments back home in Indian Rupees. The ResAvenue VIRTUAL TERMINAL is a pre-configured and customized software that can be kept continuously on during the trade fair hours, so that trade visitors and customers both can purchase products from the exporters stall and pay for them using their Visa, MasterCard, American Express, Diners Club or Citibank E-Cards; get real time confirmation of the success of the transaction as well as an email from ResAvenue. The software also generates an invoice for each transaction, which can be printed or sent by email to the customer.

This greatly improves the exporters scope of sales as well as reduces their risk of having to carry back and or exchange vast sums of foreign currency. The system also maintains online accounting, allowing the exporters head office to instantly monitor the exhibition sales performance remotely in real time.

ResAvenue processes a scheduled weekly payment by an INR cheque to the designated account and office of the exporter in India. Exporters will also be eligible for a certificate of foreign inward remittance (F.I.R.C.) on a quarterly basis for all their overseas credit card transactions.

All that is required is access to a PC / laptop computer with Internet connectivity and an account with Avenues (I) Private Limited (www.ccavenue.com).

The RBI has clarified through various notifications that payments received by exporters from a foreign buyer via a Credit Card are an acceptable form of foreign inward remittance. The RBI has further clarified that the foreign buyer need not be on a visit to India, for such payments to be received.

ResAvenue.com has priced its exporter services to suit the needs of both small and large organizations., offering both Economy and Premium accounts.

ResAvenue was launched on 1st September 2001, and it today provides turnkey e-commerce solutions to more than five hundred e-merchants across India including major portals belonging to Union Ministry of Information Technology, I.L. & F.S., Baidyanath Group, Vakils, Kalnirnay, Kajaria Ceramics and IndiaInfo.com. ResAvenue is today, India's most preferred online payment processing service for e-commerce, enabling e-merchants to process secure transactions in real time, 24 hours a day. ResAvenue is powered by proprietary technology that integrate online payment processing, fraud control, financial reporting and tracking.

For more information, please visit www.CCAvenue.com or call Avenues (I) Pvt. Ltd on (022) 26000816/ 46 and 26491524 or Panini Vakil at Medianetwork on (022) 24928764

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