Yes Bank, India’s fifth largest private sector bank, has partnered with Lastmile.mobi to introduce the IRIS EMV PoS (Point-of-Sale terminal) solution which integrates Card & UPI payments, Aadhaar E-KYC and Aadhaar E-signing on a ready to use basis. This device allows biometric authentication through IRIS scanning has the multiple functionalities serving the purpose of a Point-of-Sale (PoS) terminal as well as an ATM. The PoS uses Qualcomm Technologies’ solutions to enhance security and edge processing capabilities.
Yes Bank becomes the first bank in India to implement such an integrated solution aimed at millions of small and medium businesses to not only do their billing and accept payments but also be equipped to disburse small loans completely electronic at any time to the participating merchants.
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.
