Success stories


India’s First UPI Based Mobile Payment Application

Building on the strengths of YES BANK’s banking innovations, YES Bank has partnered with PhonePe to flag off the UPI-based payments revolution in India.

PhonePe has integrated YES Bank's UPI APIs which allows its users to link their bank accounts securely to their smart phone using NPCI’s encrypted libraries. Once linked, users can authorize money transfers or merchant payments instantly by simply entering their 4-6 digit MPIN. Money is instantly transferred directly from the sender’s bank account to the recipient’s bank account. There’s no need to enter an OTP to authorize a transaction anymore. A transaction takes less than 10 seconds to complete.

YES Bank and Paisa Bazaar collaborated to digitize lending through API Integration

This API Based Lending model is a first of its kind wherein platform is integrated directly into the Bank’s core processing systems to deliver a superior customer experience. YES BANK is one of the few financial institutions to have built this capability along with for their customers.


Hike and YES BANK joined hands to launch India’s first UPI payments enabled messaging platform

This was the first time in India that a large mobile chat platform has embedded UPI payment capabilities. The UPI integration has been done on the back of YES BANK’s state-of-the-art API Banking platform. Through this integration , Hike customers will be able to make Person-to-person payments by attaching their bank A/c number to YES BANKs Virtual Payment Address(VPA). This VPA enables customers to send or receive payments without having to share their Bank A/c or IFSC code details.

Western Union

Western Union launched international instant direct-to-bank transfer service by integrating YES BANK APIs

This direct-to-bank payment integration will facilitate instant money transfers through  YES BANK’s RTGS, IMPS as well as NEFT payment systems. With this integration, Western Union customers in the US, UK, Canada, Australia and many other countries will  be able to send money directly to more than 900 million bank accounts in India. 


Myntra introduced instant refunds by integrating YES BANK Payment APIs. 

Myntra launched an instant refund service to assure customers of hassle free returns and refund. This was made possible by integrating Myntra’s customer management system (CMS) with YES BANK IMPS APIs to enable instant refund processing.

Ola Cabs

YES BANK’s payment APIs enable Ola to seamlessly settle driver commissions

Ola Cabs leverages YES BANK’s IMPS APIs to make payment of driver commissions directly to the bank accounts.This integration enables Ola to settle amount to be paid to drivers directly from their ride management system using YES BANK’s IMPS APIs with up-to-date reconciliation.


Mahadiscom leverages YES BANK’s Ecollect APIs to efficiently manage high tension consumer receivables

This Ecollect API integration instantly notifies each electronic credit to the account to the ERP to instantly update the payment and payee details.