April 26, 2024 10:41 (IST)
Follow us:
Yes Bank Payment Solution for Snapdeal wins awards
Mumbai, May 12 (IBNS): Yes Bank has won multiple awards at The Asian Banker Banker's Choice and Asian Banker Transaction Banking Awards 2016 programme held in Vietnam.
The bank implemented a customized API Banking corporate payment solution for Snapdeal which was recognized as the Best Corporate Payment Project in India.
Speaking about the awards, Asit Oberoi, Group President & Global Head, Transaction Banking Group, Yes Bank said, “Yes Bankers are pleased to receive these prestigious recognitions from The Asian Banker magazine. API Banking is revolutionizing B2B Digitized Banking and Yes Bank is proud to be at the forefront of such innovations along with its partners like Snapdeal."
"This is also the 2nd successive year where Yes Bank has been recognized as the Best Trade Finance Bank in India which is a testimony to our expertise in this space. The multiple awards reinforce Yes Bank’s leadership in the Transaction Banking and Payments domain which is backed by innovation, technology and robust risk management frameworks,” said he.
Speaking about the award, Anup Vikal, Chief Financial Officer, Snapdeal, said, “Snapdeal is building an ecosystem that powers billions of digital commerce transactions. Refunds form a crucial part of customer experience. With Yes Bank's customized API banking corporate payment solution we were able to introduce a truly game-changing service that provides our customers the most seamless and fastest refund facility resulting in a superior customer experience.”
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Vedanta Ltd Q4FY24 net profit drops 27% YoY to Rs 1,369 cr Thu, Apr 25 2024
Swiggy gets shareholders' nod for $ 1.2 billion IPO Thu, Apr 25 2024
HUL Q4FY24 profit drops 6% YoY to Rs 2,406 cr Thu, Apr 25 2024
Credit card spending grows 27% YoY to Rs 18.26 trillion in FY24: RBI Thu, Apr 25 2024
Mahindra Tractors crosses milestone by selling 40 lakh tractor units Thu, Apr 25 2024
DishTV India expects to touch 30 percent market share at the end of current financial year, says CEO Manoj Dobhal Thu, Apr 25 2024
DCB Bank Q4FY24: PAT grows YoY 9% to Rs 156 cr Wed, Apr 24 2024