New SIDBI Grade A New Batch Starts on Nov 18

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    Question

    PAY EASY,a mobile application has been launched  enabling small-scale merchants such as traders, retailers, and professionals, to accept instant cashless payments from their customers. The app has been developed in collaboration with Mastercard and Worldline India.Which bank has launched it? 

    A YES Bank Correct Answer Incorrect Answer
    B HDFC Bank Correct Answer Incorrect Answer
    C Axis Bank Correct Answer Incorrect Answer
    D Federal Bank Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    YES BANK launched a mobile application, YES PAY EASY, enabling small-scale merchants such as traders, retailers, and professionals, to accept instant cashless payments from their customers. The app has been developed in collaboration with Mastercard and Worldline India. It offers features such as Bharat QR, Tap-On-Phone, and SMS Pay, allowing merchants to transact through various digital modes. It also allows for payment collection, instant sharing of digital charge slips, and generation of reconciliation statements.

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