Private lender YES Bank has launched an ‘SMS Pay’ performance on POS terminals, which might permit retailers to simply accept contactless and distant funds from their clients. YES Bank has collaborated with French cost providers firm Worldline to launch the brand new facility.
| SBI Clerk Mains & RBI Assistant Mains Exams
About SMS Pay:
- SMS Pay will facilitate retailers to simply accept distant funds on their POS machines and allow their clients to transact safely with out leaving the consolation of their properties.
- Through SMS Pay, native retailers & department shops might request funds from their clients by coming into their contact particulars within the POS terminal following which an SMS can be triggered to the client’s cellular quantity immediately, with a cost URL hyperlink.
- Customers can full the cost by their home debit and bank cards.
Important takeaways for all aggressive exams:
- YES Bank MD & CEO: Prashant Kumar.
- YES Bank Founder: Rana Kapoor.
- YES Bank Founded: 2004.
- YES Bank Headquarters: Mumbai, Maharashtra.
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