Yes Bank, Blue Dart partner for door step payments

India Infoline News Service | Mumbai |

Yes Bank-MPOS payment mechanism uses cell phone based GPRS connectivity to facilitate debit/credit card payments

Yes Bank said that it has simplified the e-commerce, cash on delivery platform through its Mobile Point of Sales (MPOS) mechanism.

Yes Bank–MPOS has proven extremely beneficial for Blue Dart, the private lender said in a press release on Thursday.


Yes Bank-MPOS payment mechanism uses cell phone based GPRS connectivity to facilitate debit/credit card payments. This unique device when connected to any mobile device can be used as a POS terminal to facilitate card payments.


Asit Oberoi, COO, Yes Bank, said, “Yes Bank is pleased to have partnered with Blue Dart to offer a simple yet innovative mechanism towards payments collections in the country. Blue Dart & YES BANK have successfully piloted this solution in major cities across India.”


MPOS offers multiple benefits to merchants that require home delivery services for payments collection including retailers, insurance agents and e-commerce platforms among others.

 

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