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Press Release

YES BANK Ties-up with Yapapp, Makes Chandigarh UPI-Ready

Chandigarh Celebrates 51 years of Foundation with Instant Cashless Payments

Mumbai, November 2, 2017: YES BANK, India’s fifth largest private sector bank tied-up with YapApp-owned CU app, a UPI payment and chat application, to help make all transactions cashless during the Chandigarh Foundation Anniversary celebrations to be held from 1st November to 5th November, 2017.

The event which aims to connect with the youth of Chandigarh and spread awareness about the city’s rich history & developmental journey, will also for the first time give an entirely cashless payment experience to the people visiting the 5- day Festival, hosted at  Parade Ground, Sector 17, Chandigarh.

People can register for the event by downloading the CU App on Android or iOs supported mobile devices and pay for the entry ticket cashless at the registration counter. All that a user needs to do is, log into CU app, scan the QR Code displayed at the event registration desk using the app and make the payment right from their bank account. The user of the app can enter the amount which he wishes to pay and can authorize the transaction using UPI PIN. Once the user authorizes, he will receive an instant confirmation of the payment made along with Transaction ID. The entire process of payment happens instantly, without the hassle of carrying cash or a physical wallet.  With CU application, visitors to the event can also buy food & beverages and other items from stalls placed in the event and avail ‘Star Night’ tickets too.

YES BANK will support around 50,000 visitors who are expected to visit the event to celebrate the 5-day festival and make Chandigarh a less-cash economy through the UPI-enabled application.

To download the app and use any time please click here: Getcuapp.com/dl

 

About YES BANK

YES BANK, India’s fourth largest private sector bank is a high quality, customer centric and service driven Bank. Since inception in 2004, YES BANK has grown into a ‘Full Service Commercial Bank’ providing a complete range of products, services and technology driven digital offerings, catering to corporate, MSME & retail customers. YES BANK operates its Investment banking, Merchant banking & Brokerage businesses through YES SECURITIES and its Mutual Fund business through YES Asset Management (India) Limited, both wholly owned subsidiaries of the Bank. Headquartered in Mumbai, it has a pan-India presence across all 29 states and 7 Union Territories in India including an IBU at GIFT City, and a Representative Office in Abu Dhabi.

For more information, please visit the Bank’s website at http://www.yesbank.in/

YES BANK
Jitesh Patel
Email: jitesh.patel@yesbank.in

Adfactors
Jyothi Goswami
Email: jyothi@adfactorspr.com

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