MoneyWorks4Me

Yes Bank enters into partnership with IATA

24 Sep 2018 Evaluate

Yes Bank has entered into partnership with International Air Transport Association (IATA) to launch ‘IATA EasyPay’ in India in association with Deutsche Bank (IATA's global banking partner). Easy Pay is a pay-as-you-go programme that aims to increase cash flows in the airline industry for both airlines & IATA agents and helps the bank deepen its existing relationship with IATA accredited travel agents who contribute to majority of the air-ticketing done in India.

The solution aims to not only completely digitize the ticket booking payment process for travel agents but also introduce a unique 'cash & carry' model that will help agents minimize the bottleneck of ticketing limit that they usually encounter due to commercially defined credit arrangements with airlines.

Yes Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.

Peers
Company Name CMP
HDFC Bank 717.00
ICICI Bank 1352.00
Axis Bank 1220.35
Kotak Mahindra Bank 409.60
Indusind Bank 957.60
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