Mumbai – Yes Bank now goes live with Unified Payment Interface (UPI) interoperability on the RBI Central Bank Digital Currency (CBDC) app.After this announcement, users will be able to scan any UPI QR code through Yes Bank Digital Rupee App and transact in a seamless manner.
This new initiative introduced a digital currency system built on a unique QR code mechanism for conducting transactions.Yes Bank is an Indian bank based in Mumbai, India, and was founded by Rana Kapoor and Ashok Kapoor in 2004