BANK NEWS
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.
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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.
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