CCAvenue, the leading payments aggregator in the Middle East and a flagship brand of Avenues World FZ LLC, a subsidiary of Infibeam Avenues, has entered into partnership with PayPal, a worldwide leader in the payment industry to offer global payment acceptance for businesses in Middle East & North Africa (MENA) region. This allows MENA businesses the convenience of a single partner for all their payment requirements and streamlines processes for a seamless payment experience.
This partnership enables entrepreneurs and businesses across the MENA region to sell their products in 200+ countries globally to over 435 million worldwide active PayPal accounts, broadening their global reach. With the inclusion of PayPal payment option, recent research has shown that businesses can see approximately a 30% increase in sales, and customers who use PayPal spend an average of 43% more money at the retailer overall. This to a certain extent is due to the buyer protection and dispute settlement offered by PayPal, which gives customers greater confidence to shop.
Infibeam Avenues is engaged in providing online retail services.