JPMorgan Chase to use Infibeam’s flagship enterprise payment platform

CCAvenue will be used by JP Morgan Chase for processing transactions of its enterprise clients.

Oct 14, 2020 03:10 IST India Infoline News Service

Infibeam Avenues Limited informed the exchanges on Wednesday that JPMorgan Chase Bank N.A., India (JPMC) has entered into a definitive agreement with the company, to use company's flagship enterprise payment platform, CCAvenue for processing transactions of its enterprise clients. 

The company stock is currently trading at Rs87.65, up by Rs0.35 or 0.4% from its previous closing of Rs87.30 on the BSE.
The scrip opened at Rs87.95 and has touched a high and low of Rs89.45 and Rs85.45 respectively. So far 28,08,633 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs5,803.01cr.

Related Story

Open Free Demat Account (Rs699)
Open ZERO Brokerage Demat Account

  • 0

    Delivery Brokerage for Lifetime

  • 20

    Per order for Intraday, F&O, Currency & Commodity