Infibeam acquires payment service provider Cardpay

VCCircle | Jun 5, 2020 at 9:44 PM
  • Infibeam Avenues Ltd, the parent of payment gateway company CCAvenue, has acquired Bengaluru-based Cardpay Technologies Pvt. Ltd, a corporate credit card issuing firm floated two months ago.
  • The deal is expected to provide a complete digital solution to merchants, businesses and corporations by offering payments acquiring and payments issuance solutions.
  • In December 2018, the company invested Rs 6 crore in Mumbai-based digital payments tech firm Go Payments.