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‘Yuva Pay’--- By Yes Bank and UDMA Technologies

Published on June 27, 2020
Current Context: Yuva Pay is a digital wallet solution which has been launched by Yes Bank in partnership with UDMA Technologies Pvt Ltd.
‘Yuva Pay’--- By Yes Bank and UDMA Technologies

  • It is launched to enable contactless payment for its customers.
  • Both organisations have launched this app with minimum KYC regulations.
  • The app aims to help the low-income group to access the digital and contactless transactions
  • This app will enable broad access to secure electronic payment services.
  • Static Part: 
    • HQ of Yes Bank: Mumbai
    • MD and CEO of Yes Bank: Prashant Kumar
    • HQ of UDMA Technologies: Karnataka


Q.1 In partnership with whom UDMA Technologies has launched ‘Yuva Pay’ mobile app?
a. IIT-Bombay
b. Yes Bank
c. NITI Aayog
d. Axis Bank
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