Connect with us

Hi, what are you looking for?

News

Euronet powers new payment system of YES Bank

YES BankYES Bank has engaged Euronet India Services as its partner to power the bank’s core payment infrastructure including, switching transactions between end points, driving payment channels, card management services, etc. The bank said it is modernizing its core payment infrastructure to drive the next level of digital growth and at the same time be up in the curve as far as reliability, accessibility and security (RAS) parameters are concerned. The bank said while the project began some in the last quarter of 2017, it has been completed and gone line in February 2018. Euronet is deploying the entire payment stack in a private cloud, making it a first of its kind engagement in Asia Pacific.  Anup Purohit, CIO, YES Bank, said the partnership is a reiteration of the bank’s commitment to customers via implementation of a state-of-the-art core payments platform. Himanshu Pujara, regional managing director, Euronet Asia Pacific, said this is a landmark partnership for Euronet as it aims to be the partner of choice of leading banks in the region for running their mission critical payment platforms.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PR Newswire

Copyright © Glocal Infomart Pvt Ltd. All rights reserved. Usage of content from website is subject to Terms and Conditions.