Yes Bank Launches Credit Cards On RuPay Platform

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Yes Bank Launches Credit Cards On RuPay Platform:

Card variant launched for YES Prosperity customers

Loaded with a range of rewards, offers and lifestyle privileges

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Mumbai, December 6, 2021: YES BANK has partnered National Payments Corporation of India (NPCI) to offer Rupay branded credit cards to its customers on the indigenously developed payment platform, offering another convenient avenue to extend the purchasing capacity of its customers.

YES Prosperity Rewards Plus credit card variant, crafted for the Bank’s YES Prosperity segment, comes with multiple benefits for customers. The most attractive of these include rewards points that mount up with every purchase on the Card, fuel surcharge waiver, accelerated rewards points on YES Cart and merchant offers enabled by the Bank in collaboration with NPCI, which has developed the RuPay card payment network.

The parternship was announced at the Digital Payments Utsav at New Delhi in the presence Shri Ashwini Vaishnaw, Cabinet Minister, Ministry for Railways & MeitY (Ministry of Electronics and Information Technology) and Shri Rajeev Chandrashekhar, MoS, MeitY.

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In addition, a wide variety of deals and special offers across various merchant categories are available for YES BANK Credit card holders – all aimed to increase their savings. Customers shall enjoy benefits of the most rewarding loyalty program with reward points that never expire along with industry leading features of sharing of reward points and extensive range of rewards catalogue.

Commenting on the launch, Rajanish Prabhu, Head – Credit Cards and Merchant Acquisition, YES BANK, said, “We are pleased to announce our partnership with NPCI to offer our customers credit cards stacked with a range of benefits. The YES Prosperity RuPay branded credit cards complement the lifestyle requirements of our customers – simplifying their purchase experience. The partnership is aligned with our ongoing efforts to expand and diversify our credit offerings for customers, ensuring that their payment journeys are contactless, enjoyable and more rewarding.”

On this note, Praveena Rai, COO, NPCI said, “We are glad to associate with YES BANK for the launch of YES Prosperity RuPay credit card. We believe that this card will offer a delightful shopping experience to the customers with attractive benefits and rewards. RuPay is gaining significant momentum in the credit card space with an increasing user base. Our tie-up with YES BANK is a step forward to take RuPay cards to a varied customer base of the country and make it an Indian household product.”

About YES BANK

YES BANK is a ‘Full Service Commercial ’Bank’ providing a complete range of products, services and technology driven digital offerings, catering to Retail, MSME as well as corporate clients.

YES BANK operates its Investment banking, Merchant banking & Brokerage businesses through YES SECURITIES, a wholly owned subsidiary of the Bank. Headquartered in Mumbai, it has a pan-India presence including an IBU at GIFT City, and a Representative Office in Abu Dhabi.

Official PRESS RELEASE source link - https://www.yesbank.in/media/press-releases/yes...

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We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
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