Categories: Agreements

NPCI tie-up with YES Bank for ‘On-the-Go’ payment solution

The National Payments Corporation of India (NPCI) has partnered with private sector lender YES Bank to launch first-of-its-kind ‘RuPay On-the-Go’ contactless payments solutions. The RuPay On-the-Go contactless solution is mainly a wearable payment solution, launched to enable customers to make small and large value transactions from accessories that they wear every day.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

The solution would eliminate the need to carry a physical card, and customers can use the solution at RuPay contactless-enabled PoS at retail outlets and pay up to Rs 5,000 without the need for a PIN. The solution is based on a simple ‘Tap, pay, go’ mechanism. It has been launched in association with fintech infrastructure partner Neokred and manufacturing partner Seshaasai.

Important takeaways for all competitive exams:

  • National Payments Corporation of India MD & CEO: Dilip Asbe.
  • National Payments Corporation of India Headquarters: Mumbai.
  • National Payments Corporation of India Founded: 2008.
  • YES bank HQ: Mumbai, Maharashtra.
  • YES bank MD & CEO: Prashant Kumar.

Find More News Related to Agreements

NPCI partners with Liquid Group to enable UPI QR-based payments acceptance_90.1NPCI partners with Liquid Group to enable UPI QR-based payments acceptance_90.1

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Iga Swiatek Makes History With Double-Bagel Win to Capture Maiden Wimbledon Title

Iga Swiatek from Poland won her first Wimbledon title on July 12, 2025, beating Amanda…

24 hours ago

Which District has the Longest Name in Punjab? Know About It

Punjab, a vibrant state in northern India, is known for its colorful culture, delicious food…

1 day ago

Brazil vs Mexico: Latin America’s Giants in Culture and Cuisine

Brazil and Mexico are two of the most famous and exciting countries in Latin America.…

1 day ago

Do You Know What is the Old Name of Varanasi?

Varanasi is one of the oldest and most spiritual cities in the world. Located on…

1 day ago

UNESCO World Heritage Sites in India By 2025, Check the List

India is a country full of history, culture and natural beauty. Many special places in…

1 day ago

Indian Army Launches Operation SHIVA 2025 for Amarnath Yatra Security

The Indian Army has launched Operation SHIVA 2025 to ensure the safe and smooth conduct…

1 day ago