Yes Bank, India's fifth largest private bank has rolled out SIMsePAY, a unique innovation that allows any account holder to do money transfers, pay utility bills and other mobile banking services, without the need for smartphones or internet in Itanagar, Arunachal Pradesh. This is the third launch of SIMsePAY services, following the first launch in Dehradun last week and second launch in Khagaria, Bihar. The offering is based on a frugal 'sim-sleeve' tech, in association with Taisys Technologies, which holds global patent for the same and has implemented the same successfully in other countries including Kenya and China.
Yes Bank is engaged in providing a range of banking and financial services. The Bank operates in four segments: Treasury, Corporate / Wholesale banking, Retail banking and other banking operations.
