‘YES Bank’ dominates digital banking..top in UPI payments

Arttimez, August 23: Yes Bank, one of the leading private sector banks in India, is dominating UPI payments. It has once again cemented its position in digital banking. With a market share of 53.3% and a success rate of 99.8%, Yes Bank continues to be a popular choice for millions of consumers and merchants across the country. In a statement released by the company, it said that one out of every three digital transactions in India is done through its bank. YES Bank attributes this success to the bank’s strong commitment to providing customers with technological innovation. The Bank’s Digital Lending Platform (DLP) 2.0 has made it easier than ever for small businesses to access finance, essentially providing financial security. Aiming to provide faster, safer, more convenient transactions to merchants, YES Bank’s UPI platform ensures cash security, be it online shopping, paying bills or sending money to friends and family. YES Bank is credited with introducing UPI payments through RuPay credit cards. Through this, users can make UPI transactions using their credit cards. Yes Bank has issued over 4 lakh UPI based credit cards since the launch of these services.