Categories: Banking

Yes Bank partners with UDMA to launch ‘Yuva Pay’ mobile app

Yes Bank has partnered with UDMA Technologies to launched its digital wallet solution ‘Yuva Pay’ mobile app. Through this app, the bank enables contactless payments for its customers. With the help of the app, customers can pay their utility bills (including municipal, house, water tax, electricity, LPG, DTH, Mobile bill, license fees), make insurance renewals, FASTag recharges, EMI payments, and use the app to make payments at retail outlets.

Boost your Banking Awareness Knowledge with Adda247 Live Batch: WARRIOR 2.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams

Besides, insurance renewal, fastag recharge, EMI payment, school fee can be paid through the facility. The program also aims to make low-income groups transition to digital and contactless transactions by enabling wider access to secure electronic payment services. Yuva Pay will also double up as a banking app for funds transfer, account balance check, recharges or top-ups, bill payments and rewards platform.

Important takeaways for all competitive exams:

  • Yes Bank Headquarters: Mumbai, Maharashtra.
  • Yes Bank MD & CEO: Prashant Kumar.
  • Yes Bank Tagline: Experience our Expertise.

Find More Banking News Here

Sumit Arora

Recent Posts

Which Indian City is Known as “City of Light”?

India's cities are often known not just by their original names but also by unique…

1 hour ago

World Portuguese Language Day 2024 Observed on 5th May

On May 5th, the world unites to celebrate the Portuguese language, a linguistic treasure that…

1 hour ago

China Send Chang’e-6 Probe To Collect Moon’s Far Side Sample

In a groundbreaking endeavor, China has launched the Chang'e-6 probe on an ambitious mission to…

1 hour ago

Frank Shrontz, Former Boeing CEO, Dies at 92

Frank Shrontz, who led Boeing as its Chief Executive Officer for a decade from 1986…

2 hours ago

Lando Norris Storms to Maiden F1 Victory at Electrifying Miami Grand Prix

Lando Norris of McLaren clinched his first-ever Grand Prix victory in a pulsating showdown at…

2 hours ago

Top-10 Tea Producing States in India 2024

India, renowned for its rich cultural heritage and diverse landscapes, also boasts a thriving tea…

3 hours ago