Among mobile recharge and bill payment, Yes Pay features functionalities that allow both users and non users to send and receive money, which enables a Yes Bank customer to request for funds transfer from a customer who might not be a Yes Pay wallet user.
More than that, Yes Bank has reported a rise of aprox. 32% in its net profit for the quarter ended June 30, 2016 as compared to the same quarter in the previous year. Total income of the bank increased by aprox. 25% for the quarter under review.
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