Yes Bank, India’s fourth largest private sector Bank, has received multiple honours for Innovation and Payments Excellence at the National Payments Excellence Awards 2014. The bank was bestowed with a ‘Special Award for Innovation’ for its industry transforming innovations on IMPS (Interbank Mobile Payment Service) platform by the National Payments Corporation of India.
The bank was also adjudged as Winner in the Mid Sized Banks category at the National Payments Excellence Awards in recognition of excellence performance in the National Financial Switch (NFS ) ATM Network. This award was based on several parameters including Bank’s Issuing Volumes, Technical Decline Volume and Innovation at ATMs.
Yes Bank has pioneered several innovations including Card to Card transfer, Discount Coupons on ATMs, etc at its network of 1150+ state of the art ATMs across the country.