MoneyWorks4Me

Yes Bank commences first-of-its-kind UPI services with 50 companies

08 Sep 2016 Evaluate

Yes Bank has commenced first of its kind Unified Payments Interface (UPI) services by partnering with 50 businesses, to catalyze one of the biggest payment innovations in the banking universe with an aim to make fund transfer easier and move towards a cashless economy.

The UPI framework will enable low cost, high volume, electronic payments straight from the user’s SmartPhone, and will make transactions instant, secure and interoperable.

Yes Bank, India’s fifth largest private sector Bank with a pan India presence across all 29 states and 7 Union Territories of India, headquartered in the Lower Parel Innovation District (LPID) of Mumbai.



Peers
Company Name CMP
HDFC Bank 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
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