Yes Bank has partnered with Ola to set up mobile ATM’s and enable convenient cash withdrawals for citizens by swiping their debit cards.
Customers can swipe their Debit Cards to withdraw an amount of up to Rs 2000 per card by using PoS Machines which will be available in Ola Cabs stationed near Yes Bank branches.
This will ease the process of cash withdrawals for citizens pan India & provide seamless service to the customers with additional mobile infrastructure powered by Ola.
The service will be made available in over 30 locations across 10 cities, including Mumbai, Delhi, Bangalore, Chennai, Pune, Kolkata, Chandigarh, Ahmedabad, Hyderabad and Jaipur.
It is an important milestone for both banking and mobility to come together by helping people & beingfully committed to helping realize the Government’s initiative to propel digital payments in India and move towards a ‘less-cash’ economy.