Yes Bank Money

Can you tell me in detail about the offers made under YES Money service offered by YES Bank for its customers? Also list me YES Bank Money Awards and Accolades?

[sumit]

YES Money is YES Bank’s Domestic Remittance Service which is leveraging the existing technologies and infrastructure designed to meet the payment need of migrants, un - banked and under-banked people in India.

It is designed to bring technology to the end user through the Business Correspondent Agents and simultaneously ensures a technology oblivious experience for the end user

‘YES Money’ currently has an extensive network of Business Correspondent (BC) partners and Business Correspondent Agents (BCAs). YES Money leverages this network to offer bouquet of products like: Domestic Money transfer, CO-Branded Prepaid Cards, Corporate Cash Management solution, Lending to BC and BC Agents, Online to Offline.

YES Money Offers:
1. Domestic Remittance
• Deposit cash to ANY bank account at ANY time of the day from over 40,000 agents across more than 1500 cities instantly
• Instant Aadhaar based e-KYC registration
• Instant Money transfer for ANY customer at ANY time
2. YES Money Prepaid Cards
• Withdraw cash from all ATMs
• Load, Reload & Transfer money at over 40,000 locations
• Purchase goods from over 10 lakh Online and POS stores

YES Bank Money-Business Correspondents
The appointed Business Correspondents for YES Bank Money are as follows:
• Suvidhaa Infoserve Pvt. Ltd.
• Oxigen Services Pvt. Ltd.
• Hermes i-Tickets Ltd.
• Eko India Financial Services Ltd.
• Payworld (Sugal and Damani)
• Reliance Money Infrastructure Ltd.
• Easy Bill Ltd. (Hero Group)
• Multilink MOS Utility Pvt. Ltd.
• Paypoint India Network Pvt. Ltd
• ITZ Cash Ltd.
• 11. Beam Money Pvt Ltd.
• Seed Financial Services Pvt. Ltd.
• mPurse Services Pvt. Ltd. (Infotel Group)
• FIA Technology Services Pvt. Ltd.
• Spice Digital Ltd.
• EZspend Prepaid Payment Solutions Pvt. Ltd.
• Sollet Soft Solutions Pvt. Ltd.
• Muthoot Finance Ltd.
• Mannapuram Finance Ltd.
• BASIX Sub-K iTransactions Limited
• UFX Ventures Pvt. Ltd
• Yatriadda (Abhishek Retail)
• Aadharrshila Enroll Systems Pvt. Ltd.
• Youth Card Pvt. Ltd.
• ROI Net Solutions Pvt. Ltd.

YES Bank Money Awards and Accolades

YES Bank Money has also won the following awards:
• Skoch Renaissance Award - Nurturing Creativity & Innovation 2014
• MasterCard Payment Innovation Awards 2014 – Best Prepaid Card Program
• Financial Inclusion & Payment Systems Award 2013
• CIO 100 Award 2013
• NASSCOM Social Innovation Honours 2013
• Golden Peacock Innovative Product / Service Award 2012
• Innovation in payments award at the Financial Insights Innovation Awards, 2012
• Certificate of Appreciation at the NASSCOM Social Innovation Honours 2012
• Dataquest Emerging Leaders in Business Technology 2012 at DQ Live Awards
• Finnoviti Awards 2012 - Jury Voting and Peer Voting Awards
• Diamond Edge Awards - Innovation - 2012
• Computer Society Of India – Banking and Innovation – 2012