Skip to main content

YES BANK extends multiple initiatives to support Digital Payments

YES BANK has significantly ramped up proactive measures to support the Government of India’s landmark demonetization and propel digital payments in our country India. Some of the measures taken by YES BANK include

·         YES BANK has waived MDR charges (Merchant Discount Rate) for all Debit Card transactions across RuPay, MasterCard and Visa platforms at all its Merchant locations, including online transactions upto December 30th. MDR is the fee charged to the merchant by the Bank for providing card acceptance services. The waiver of MDR will facilitate greater acceptance of Debit Cards by the Merchants thereby resulting in greater use of cards by customers as their preferred payment method.

·         YES BANK does not levy any additional charges on spends at Merchant locations for its Debit Card customers, and this practice will continue.

·         YES BANK ATMs are being recalibrated to dispense new INR 2000 and INR 500 rupee notes, at an expedited pace with over 500 ATMs fully recalibrated.  YES BANK has also waived off all transaction fee on ATM withdrawals from Debit Cards, within prescribed limits, across all YES BANK and other bank ATMs upto December 30th 2016.

·         No charge for Cash Deposit- All charges for cash deposits, without any limit, for YES BANK Savings Account customers have been waived off until the 30th of December 2016

·         State of the Art Digital Offerings - Given the unique need as well as preference for every customer, as a leader in technology & innovation in the banking sector, YES BANK has ensured state-of-the art offerings for its consumers across all these platforms like YES PAY digital Wallet, YES Tag – Chatbot Banking offering money transfer services and social media banking, partnership with Tone Tag and UltraCash for sound wave based payments, integration of NFC into our Credit Card offerings.

YES BANK remains fully committed to help realize this significant initiative of demonetization of high value notes.

Popular posts from this blog

Radisson Blu Hotel, Dubai Improves Guest Wi-Fi Coverage and Performance with Aruba Wireless Solutions

Radisson Blu Hotel, in Al Sufouh at Dubai Media City has recently deployed wireless infrastructure from Aruba, a Hewlett Packard Enterprise Company, to deliver secure, seamless, high-speed, wireless internet connectivity across its hotel rooms, suites and public areas. The implementation has resulted in improvement in rating of Wi-Fi services and drastic reduction in volume of IT help desk calls, besides the fact that the design of the Access Points (APs) blends seamlessly with the hotel aesthetics and AP management, monitoring and troubleshooting has become centralized and simplified.

Amazon.in launches “Smart Living Store”

How would it be if you could stream online videos or browse websites on your TV? How about a device that could measure your level of activity throughout the day? How would it be if a device helps keep your home secure? With the Smart Living Store you can find out! Amazon.in announces the launch of “Smart Living Store” - a dedicated store aimed at providing customers the one stop shop for all smart devices across various product categories.

Pi DATACENTERS Achieves Uptime Institute Tier IV Design Certification

Pi DATACENTERS, India, an enterprise class datacenter and Cloud service provider based at Amaravati, the new capital region of Andhra Pradesh, today announced that the company has been awarded Uptime Institute Tier IV Design Certification, achieving the highest standards for infrastructure, functionality and capacity as demonstrated on the design documents. To earn a Tier Certification of Design Documents, a facility is evaluated on mechanical, electrical, structural and site elements, and certified facilities also receive expert recommendations to enhance Operational Stability over the long-term.
“We are pleased to award Pi DATACENTERS with the Uptime Institute Tier IV Design Certification,” said John Duffin, Managing Director, South Asia, Uptime Institute. “Achieving a Tier IV Fault Tolerant Design Certification illustrates that the facility meets the highest standards for infrastructure functionality and capacity as demonstrated on the design documents. This ensures that plans are…