YES Bank in partnership with Udaipur Municipal Corporation (UMC) has launched Cashless Payment Solution for Udaipur Smart City.
The Bank has digitised payments for Government to Citizen (G2C) Services as well as Retail Payments.
Through digitalised payments solution, Citizens will be able to make instant payments through Bharat QR or BHIM UPI QR and Digital Wallet, specially designed for citizens of Udaipur.
Both Udaipur residents and tourist will be able to make payments for Grocery, Utility bills, Transport, Fees, Medical Expenses and Entertainment on multiple channels such as Card Payments through PoS, E-Commerce or Mobile Payments through QR code and Mobile number.
Customers will be able to initiate payment transaction to the merchant by scanning a QR code directly from their smartphone.
A RuPay co-branded prepaid card namely Udaipur Smart City Card will be issued to the residents of Udaipur for making payments at 700 retail and government facilities at Udaipur.
The customers will also be able to make Cashless Electronic transfer and Merchant payments through Mobile Wallet.
YES Bank will also launch a unique mobile application for Retailers that allows for payments through the registered mobile number of the resident. Merchants will be able to initiate payment transaction through this mobile app. The transaction will get processed by the way of an OTP sent to the card user on his registered mobile number.
By providing Digitalised Payments Solutions, YES Bank is also trying to support the Government’s initiative of Digital Payments in India.