YES BANK has launched Unified Smart City Solution, a cashless payments solution for Nashik City in partnership with the Nashik Municipal Corporation (NMC). It has digitized payments for the Govt. services (G2C) carried out at NMC’s Citizen Facilitation Centres (CFC). These centres will be run by YES BANK’s program partner EasyPay and automation will be carried out to ensure that all G2C service payments happen digitally as well as the service requests and subsequent delivery gets digitized. An Open loop 'RuPay' co-branded prepaid card along with the NMC and its Program Manager 'EasyPay' is also launched as a common city payment card for Nashik. 45 NMC services will be made available to the residents of Nashik through these CFCs as well as online.
YES BANK is also launching a unique mobile app for the retail merchants that allows for the payments to be made by the way of the registered mobile number of the resident, such that the merchants can now initiate a transaction for the card user through his mobile app and the transaction gets processed by the way of an OTP sent to the card user on his registered mobile number. This app will be made available for Android users through the app store once the cards are made available at the CFCs.
Enough manpower is deployed at the POS terminals across CFCs for cashless payments. All applications received through these CFCs will be processed in an automated manner to ensure timely response to the residents.
Earlier, residents of Nashik had to stand in queues outside Citizen Facilitation Centres (CFCs) to make payments such as property tax. The residents of Nashik can now make day to day payments for grocery, card payments, transport, fees, medical expenses and entertainment from a variety of payment options to choose from such as Card payments through POS, E-Commerce or mobile payments through QR code and mobile number. CFCs had to handle large amounts of cash and feed the payments data manually into their system. The solution will bring mobility to the fore front for delivery of G2C services and retail payments. With this solution, Nashik takes a giant stride towards digitizing the payments within the city since all retail payments can now be channeled through this medium.
If you have ideas for collaboration or would like to know more about YES BANK's digital solutions, write to us at firstname.lastname@example.org