The app is designed for any individual or sole proprietor with a valid business license. and is an existing current or savings account customer of Yes Bank. The onboarding process is simplified through a do-it-yourself mode with intelligence-based guidance built into the app. Also, the app supports eight languages. The rental cost of using the app is much lower than conventional POS terminals.
Features of Yes Pay Easy App :
- The app enables merchants to accept payments through multiple digital modes like Bharat QR, Tap-on-Phone, SMS Pay.
- Merchants can easily keep track of pending payments and generate settlement reports that are instantly sent to the customer’s registered email id.
- Customers having a current or savings account with Yes Bank along with a valid business license can transact using the app.
- Merchants have the facility to make cash transactions and keep a record of cash collected within the app.
- Currently, Yes Pay Easy app is available in eight languages namely English, Hindi, Marathi, Gujarati, Tamil, Kannada, Telugu and Bengali.
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“The company has always introduced propositions that not only provide customers with a rewarding banking experience but also fulfill the government’s vision of Digital India. The PayEasy app is another step in the same direction. It will benefit merchants by providing them with a one-stop solution for all their business-related needs. Given the features and benefits it offers, the ease of doing business within the country I believe the app will facilitate.” Commenting on the launch, Yes Bank Executive Director Rajan Pental said. Currently, the Yes Pay Easy app is available only on smartphones running on the Android operating system.
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