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E-Commerce

YES BANK has been at the forefront of providing innovative banking solutions to the unique requirements of the E-commerce Industry. The considerable rise in the number of internet users; growing acceptability of online payments; proliferation of internet enabled devices, and favorable demographics have been the key factors driving the growth story of e-commerce in the country. Over 150 Top E-commerce firms in India have placed their trust in our knowledge led advisory approach.

Along with Digital Banking and Transaction Banking teams of the Bank, this team has been instrumental in delivering ‘Industry First’ solutions to various e-commerce firms such as:

• Pioneering the construct of Nodal Accounts for e-commerce firms

• Reducing the time to credit through API Banking

• Solving the problem of returns through Smart Boxes