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 Bank Muscat, to offer high-end PG services to merchants in Oman. Under the agreement, the company, through its digital payment solution, CCAvenue Payment Gateway Service (CPGS), will process online card transactions of various payment networks for Bank Muscat and help the Bank to authorize online payment for its merchants which intends to boost fast growing eCommerce sector in the region; the company has also enclosed a Press Release to be issued on the aforesaid matter.
The above information is a part of company’s filings submitted to BSE.
