May 24, 2013

EBS, Ogone’s subsidiary in India, named as ‘India’s Most Valuable E-Commerce Company of the Year’

EBS

EBS, the wholly-owned subsidiary of Ogone, specialists in online payment services, has received its second award so far this year. It has been awarded the title of India’s Most Valuable E-Commerce Company of the Year’ at the 3rd annual India Leadership Conclave and Indian Business Affairs Business Leadership Awards 2012. EBS secured the win with 34,342 public votes in a nationwide poll conducted by the Indian Leadership Conclave award committee asking the public to choose their best among … [Read more...]

Online Retailers and Diwali Delight – Trends

DazzlingDiwali

Festive seasons such as Diwali are one of the major opportunities for retail businesses across India to make a killing. As modern retail has so far unable to cater to the need of consumers, meanwhile online retail has been evangelizing the festivity feast. In an attempt to  attract maximum traction various online retailers offered exciting deals specifically for Diwali this year, for instance, eBay India  created a Mega Diwali offer wherein their customers depending on the quantum of purchases … [Read more...]

Online Buying Festival and Gearing up Retailers

OnlineBuyingFestival

Legend has it that festivals are one of the most thriving thresholds for retail businesses across the globe to make a killing. While Brick & Mortar retail has been so far successful in captivating consumer’s eyeballs in India during the festival seasons, on the contrary online retail has also joined festive bandwagon and prioritized over offline as it is convenient and trouble free to shop. Indrayni Das (36), a busy hotel executive working with multinational hotel was in catch 22 … [Read more...]

“EBS has seen perfect match and synergy with Ogone” – Prabhu Ram

PrabhuRam

As eCommerce businesses in India are attracting large funds and valuation, at the same time service provider has also been able to find the best synergy for them. Earlier in a day Iamwire has reported about the acquisition of EBS by European payment service provider. In order to get more insight about the acquisition, Iamwire has interacted exclusively with Prabhu Ram, Co- founder and COO EBS. Here are the excerpts of the interaction.  How do you see the merger of EBS by Ogone payment … [Read more...]

EBS is acquired by Ogone Payment Services

EBS

EBS (E-Billing Solutions), the second largest on-line payment provider in India, has announced that Ogone Payment Services, one of Europe’s leading payment service providers, has signed a binding agreement to acquire the company. This acquisition marks Ogone’s first foray outside of the European market and into the rapidly expanding Indian on-line payments market.  However, EBS will continue to operate under its current management structure and market approach and will be responsible for … [Read more...]

“Market size of Payment Gateways in india is around 18 k crore and growing” – Priti Shah

priti shah

E commerce industry is growing in India and hence the service providers. Payment Gateway is one of the important pillar of the eCommerce set up and this time iamwire has caught up with Priti Shah, President (eCommerce), EBS, third party solution provider. Priti spoke at length on various issues  candidly. Here are the excerpts of the interview. Recently you have seen lot of exuberance in ecommerce as companies are getting large funds with high valuation. So far, what are the positive … [Read more...]