Yes Bank, India’s fifth largest private sector bank, has partnered with Click&pay, T-Hub’s portfolio company and a mobile-based payment solutions enterprise, to facilitate cashless, secure and flexible transactions for customers. As a part of this alliance, Click&pay will issue Yes Bank sponsored mobile wallets and employ Yes Bank’s immediate payment service (IMPS) payments platform which will help Click&pay to process instant proximity transactions with merchants and person to person.
Click&pay will reach out to approximately 1 million users this year by issuing the Yes Bank sponsored mobile wallet. In April 2016, the bank signed a Memorandum of Understanding (MoU) with T-Hub, a unique public/private partnership between the government of Telangana, three of India’s premier academic institutes (IIIT-H, ISB & NALSAR) and key private sector leaders.
Yes Bank, India’s fifth largest private sector Bank, has a pan India presence across all 29 states and 7 Union Territories of India. The bank has adopted international best practices, the highest standards of service quality and operational excellence, and offers comprehensive banking and financial solutions to all its valued customers.
