An unique innovation to board base Digital Banking
Yes Bank has launched SIMsePAY, a unique innovation that allows any account holder to do money transfers, pay utility bills and other mobile banking services, without the need for smart phones or internet. The offering is based on a frugal 'sim-sleeve' technology, in association with Taisys Technologies, who holds global patents for the same and has implemented the same successfully in other countries including Kenya and China.Yes Bank plans to garner a base of 5 lakh SimsePay users by 2017.
Yes Bank has launched the service with the District Co-operative Bank, Dehradun and subsequently plans to launch its across the country.
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