YES BANK unveils BHIM YES PAY – First Wallet to Fully Integrate with IndiaStack APIs and NPCI Products



  • BHIM YES PAY is the 1st Wallet to fully integrate the India Stack APIs and National Payment Corporation of India (NPCI) Products supporting the national agenda of making India Digital
  • BHIM YES PAY now supports e-KYC, UPI, IMPS, RuPay, BBPS and BharatQR making customers’ as well as retailers’ digital journey smooth
  • Superior customer experience, hassle-free virtual card-based transactions


Mumbai, October 30, 2017: YES BANK, India’s fifth largest private sector Bank unveiled a superior payment wallet service, BHIM YES PAY by fully integrating the application with all the IndiaStack APIs and NPCI Products. YES BANK has over 5.5 lakh registered users on BHIM YES PAY and more than 2 lakh users have already availed either UPI or Virtual Card Services to carry out P2P payments and online shopping. Since launch we have witnessed over 2 million transactions valuing close to INR 700 million.

The freshly updated application, BHIM YES PAY, which is available for Android Users and will soon be made available for iOS users, integrates three other products of National Payment Corporation of India (NPCI)– RuPay Virtual Card, BharatQR and BBPS in addition to other payment infrastructure like UPI and  IMPS.

With the RuPay virtual card integrated in their BHIM YES PAY wallet, users can also utilize their wallet balance to make payments across websites and applications online, similar to how they currently use their debit cards but without the hassle of carrying one along.

BharatQR aims to eliminate the need for point-of-sale terminals by allowing users to pay using their cards simply by scanning a QR code at any retail outlet. The advantage is two-fold – customers need not carry their cards anymore and shopkeepers need not invest in point-of-sale machines to read cards at their end.

Also, with the third service, the Bharat Bill Payment Service (BBPS), a centralized one point bill payment service, BHIM YES PAY users can directly pay all their bills instantly at once, from their mobile app.

Announcing the new BHIM YES PAY, Ritesh Pai, Chief Digital Officer, YES BANK said, “We are happy to launch YES BANK’s payment wallet’s new avatar ‘BHIM YES PAY’ to mark the full-suite integration of the IndiaStack APIs and NPCI Products. The BHIM YES PAY wallet now offers unparalleled options to the users and merchants for payments in multiple use cases making it a comprehensive solution. We will soon launch FastTag too which will facilitate easy toll payments and look forward to widespread adoption of the digital payment products bolstered by superior customer experience on BHIM YES PAY.”

India Stack is a set of APIs that allows governments, businesses, startups and developers to utilize a unique digital Infrastructure to enable India to move towards presence-less, paperless, and cashless service delivery.

The BHIM YES Pay application is available for download at


YES BANK, India’s fifth largest private sector Bank with a pan India presence across all 29 states and 7 Union Territories of India, headquartered in the Lower Parel Innovation District (LPID) of Mumbai, is the outcome of the professional & entrepreneurial commitment of its Founder Rana Kapoor and its Top Management team, to establish a high quality, customer centric, service driven, private Indian Bank catering to the future businesses of India.


YES BANK has adopted international best practices, the highest standards of service quality and operational excellence, and offers comprehensive banking and financial solutions to all its valued customers.


YES BANK has a knowledge driven approach to banking, and offers a superior customer experience for its retail, corporate and emerging corporate banking clients. YES BANK is steadily evolving as the Professionals’ Bank of India with the long term mission of “BUILDING INDIA’s FINEST QUALITY BIG BANK by 2020”.