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YES Bank offers cashless payment solution for Udaipur city

YES Bank has launched a comprehensive cashless payment solution for Udaipur Smart City. The bank has partnered with the Udaipur Municipal Corporation in this and this is part of the financial inclusion and Digital India initiatives of the government. As a part of this project, the bank has digitized payments for Government to Citizen (G2C) services as well as retail payments. The solution allows citizens to make instant payments via Bharat QR or BHIM UPI QR and through a digital wallet, specially designed for citizens of Udaipur. Residents of Udaipur as well as tourists can now make day-to-day payments for grocery, utility payments, transport, fees, medical expenses and entertainment from a variety of payment options to choose from, such as card payments through POS, eCommerce or mobile payments through QR code and mobile number. Rana Kapoor, MD & CEO of the bank, said the partnership will augment delivery of G2C services and fast-track merchant payments through digital payment solutions and offer enhanced convenience of financial transactions to citizens of Udaipur Smart City.

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