Online payment solution provider enables education institutes to collect various fees through the online channel
ISM Dhanbad, Bharati Vidyapeeth, and Shankar Mahadevan Academy are amongst the top institutes demonstrating the trust in online Payments
New Delhi, July 16, 2015: E-Billing Solutions Pvt. Ltd (EBS), a leading pan-India online payment aggregator, has achieved a significant penetration into the education segment. Over the last 2 years, EBS has doubled the number of education institutes in its portfolio with almost 6 times surge in the number of transactions and around 150% increase in payment volume through its payment gateway in the same period. This remarkable achievement is a result of EBS’ unparalleled pioneering approach that provides a technical platform between online sellers & service providers (merchants) and banks via a secure payment gateway solution.
Serving over 11,000 merchants presently, EBS is one of the most trusted names in the payment aggregation industry. It has been providing online payment solutions to merchants since 2005, and was the first Indian online payment aggregator to achieve the PCI DSS compliance. This, along with ISO 27001- 2013 standard certification, has been instrumental in cementing its position as one of the most secure online service providers in India.
Speaking on the achievement, Bhavin Mody, Director, E-Billing Solutions Pvt. Ltd, said, “EBS was launched with an aim to provide a secure and robust interface between merchants and banks. Completing a significant penetration into the education segment while empanelling leading education & learning institutions such as Bharati Vidyapeeth, ISM Dhanbad, and Shankar Mahadevan Academy demonstrates the trust online merchants have in our services. With our reputation for seamless transaction processing, we are expecting acquisition of larger accounts in our ever-growing merchant base.”
With its support facility planted in Chennai, EBS has its sales offices in Mumbai, Delhi & Chennai. It also has a network of associates spanning across the country, for easy reach and to provide personal attention, service and consultation. Offering one of the widest range of payment options available in India, EBS is continuously expanding its network to successfully cater to the ever-increasing tech savvy population.
ABOUT E-BILLING SOLUTIONS PRIVATE LIMITED
E-Billing Solutions (EBS) established in the year 2005 is head quartered in Mumbai. It pioneers in providing a technical interface/ platform between merchants and banks by providing software that connects a merchant’s website to multiple participating banks. It facilitates online purchases from a merchant’s website and helps them to collect payment from the end customers through net banking, credit and debit cards. It is an intermediary that assembles the online payment options offered by various banks, cash card brands and many other payment processors onto a single platform in the context of the merchant website.
In the year 2011, EBS was acquired by Europe’s leading payment service provider OGONE, thus enabling European vendors’ access to the Indian market and adding capabilities to the EBS portfolio. In the year 2013, Ingenico acquired OGONE and hence EBS became a part of Ingenico Group.
EBS is the first Indian merchant account provider to achieve the PCI DSS 3.0 Standards of Compliance. It is also ISO 27001- 2013 standard certified. This achievement makes EBS one of the most secured online service providers in the world. With its present reputation, it anticipates acquisition of larger accounts and a growth of more than 30% annually.