YES Bank Launches Innovative Payment Platform with Plada Infotech

New Delhi: YES BANK is thrilled to announce the launch of an innovative payment platform in collaboration with Plada Infotech, built on UPI 2.0's One-Time Mandate (OTM) feature. This cutting-edge system allows our customers to pre-authorize payments, ensuring the final bill amount is secured until product delivery, thereby enhancing trust and security in online transactions.

This partnership aligns customer and merchant interests, reducing Return to Origin (RTO) rates and boosting profitability for Direct-to-Consumer (D2C) brands. By leveraging this advanced technology, YES BANK continues to set new standards for secure and transparent digital transactions, offering our customers a superior and seamless e-commerce experience.