This will allow YES BANK credit card holders to make payments using Samsung smartphones at Point of Sale (PoS) card machines at merchant outlets.
"The partnership with YES BANK will enable more consumers to join Samsung Pay platform and go digital," said Sanjay Razdan, Director, Samsung Pay Business, in a statement.
YES BANK credit card users can also avail of introductory cashback benefits up to Rs 1,500 till September 30.
"Through our association with Samsung Pay, we are extending the latest technology and lending services in the payments industry to our YES BANK credit card members," said Pralay Mondal, Senior Group President, Retail and Business Banking, YES BANK.
Samsung Pay uses Magnetic Secure Transmission (MST) technology, enabling consumers to make offline payments using Samsung smartphones without the need for a physical card.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
About VDC
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.