Can you provide me details of the Features and Benefits of the Merchant Services offered by YES Bank for its customers as I want to apply for it, please help me with this?

YES Bank Merchant Services offers a range of products to provide alternative solutions for each of business needs, ensuring accepting payments securely, reliably and conveniently.

Bank offer dedicated customer service that ensures fast response and reliable support in case of network outages and EDC malfunctioning.


Features and Benefits

ADDITIONAL SERVICES

Dynamic Currency Conversion (DCC) enables to offer international customers an enhanced level of service

UPI/Wallet on POS: Accept payments through UPI /Wallet: YES BANK POS terminals (Landline/GPRS) enable to accept wallet/UPI transactions in addition to credit /debit cards

NFC (Near Field Communication) enables contactless payments

LACR (Loan Against Card Receivables): The POS machine helps get a loan without any collateral at best in class interest rates and flexible repayment options.

Cash @ POS helps the cardholder in withdrawing emergency cash in outlet when an ATM facility is not available nearby resulting in higher footfalls for automatic account entries

EMI Offerings powers to provide flexible payment options to customers over 3, 6, 9,12,18,24 months which will help enhance the level of customer service which one is able to offer

Standing instructions: One can offer customers to pay monthly fees / expenses through Standing Instructions


RELIABLE PAYMENT SOLUTION

GPRS terminal solutions are portable & accept payment through SIM technology. Works great for
Hotels and Restaurants
Home delivery segment
Courier Services
Grocery/supermarkets
Events and Trade shows

MPOS payment solution is small, portable & user friendly device to complete transactions and easy to integrate with Billing application. Works great for
Small retailers
Home delivery segment
Courier Services
Restaurants
Logistic companies

PSTN (landline) terminal solutions are connected through a telephone line. Works great for
Retailers, corner stores, boutique outlets
Clothing and gift stores
Grocery stores
Restaurants, cafes and quick-service restaurants
Beauty and hair salons, florists

PCPOS payment solutions integrate with billing system and simplify acceptance of payments at POS. Works great for
Larger chain of outlets
Organized retail
Entertainment
Government

YES BANK Bharat QR Code acceptance solution enables merchant to accept payment by customers scanning the QR Code on compatible mobile banking Apps/Wallets and authorising the transaction. Works great for
Retail Merchants
Restaurants
Home delivery segment
Public Utilities/Government Segments