Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2013-08-22

Yes Bank partners with Blue Dart to enhance mobile payment mechanism

India’s fourth largest private sector lender, Yes Bank has further simplified the e-Commerce, Cash on Delivery platform through its Mobile Point of Sales (MPOS) mechanism.

Yes Bank partners with Blue Dart to enhance mobile payment mechanism

India’s fourth largest private sector lender, Yes Bank has further simplified the e-Commerce, Cash on Delivery platform through its Mobile Point of Sales (MPOS) mechanism.

 

The MPOS has proven extremely beneficial for Blue Dart, South Asia’s express air and integrated transportation and distribution company which also provide merchandise delivery offerings from e-tailing companies in the country.

 

The Home Delivery Model of e-tailing with “Cash on Delivery” carries the inherent risk of fraud, counterfeit, mutilation and theft which increase the operational cost of the company. MPOS is a first of its kind payment mechanism that uses mobile device based GPRS connectivity to facilitate debit/credit card payments.  This unique device when connected to any mobile device can be used as a POS terminal to facilitate card payments.

 

Asit Oberoi, COO, Yes Bank Ltd said, “Yes Bank is pleased to have partnered with Blue Dart to offer a simple yet innovative mechanism towards payments collections in the country. Blue Dart & Yes Bank have successfully piloted this solution in major cities across India. This solution is the first of its kind in India and considering Blue Dart’s market share, will change the dynamics of the e-commerce business in India.”

 

Yogesh Dhingra, COO & Finance Director, Blue Dart Express Ltd. said, “As a technological knowledge leader for the industry in the country, we have always had a first mover advantage and have pioneered several best demonstrated practices replicated by the industry. This solution from Yes Bank was an ideal fit in our delivery system and another opportunity to add to customer delight/ convenience/ reliability which are the core essence of all our initiatives.” 

 

Yes Bank’s MPOS offers multiple benefits to merchants that require home delivery services for payments collection including retailers, insurance agents, restaurant delivery chains and e-commerce platforms among others.

 

Related opportunities
  • HR & Recruitment
    Coppergate- a specialist headhunting, Staffing & Education Company looking for..
    Locations looking for expansion Maharashtra
    Establishment year 2007
    Franchising Launch Date 2008
    Investment size Rs. 50000 - 2lac
    Space required 01
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater MUMBAI Maharashtra
  • Other Vocational Training
    About Us: Want to serve the world with innovative design with..
    Locations looking for expansion Uttar Pardesh
    Establishment year 2005
    Franchising Launch Date 2007
    Investment size Rs. 5lac - 10lac
    Space required 1200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Varanasi Uttar Pardesh
  • Quick Service Restaurants
    About Us: Wrap It Up, Headquartered in the United Kingdom is..
    Locations looking for expansion Delhi
    Establishment year 2004
    Franchising Launch Date 2006
    Investment size Rs. 30lac - 50lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Fine Dine Restaurants
    About Us: New-Age & Innovative Resto-Café with Robo Waiters Indian Swag was..
    Locations looking for expansion Gujarat
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 50lac - 1 Cr.
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts

pincode
ads ads ads ads