In accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Infibeam Avenues has informed that 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. 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 Dhofar and help the Bank to authorize online payment for its customers. The Company further expands in the Middle East by entering Oman to offer payment gateway services to financial institutions.
The above information is a part of company’s filings submitted to BSE.
