YES Bank, India’s fourth largest private sector Bank, has launched its Internet Payment Gateway (IPG), for enabling online acceptance of VISA & MasterCard by the online sellers. The gateway shall offer users the convenience of express check out to reduce transaction time and enhance their payment experience.
For the Merchants, the gateway shall offer comprehensive and detailed reporting, along with ability to initiate refund transactions and daily snapshot of transactions that will help them to keep a tab on service levels and transaction success rates.
The bank has been offering POS facilities since 2009, for facilitating card payments amongst its merchant base. With launch of IPG, the bank can now cater to requirements of online retailers as well.