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Tuesday, 18 October 2016

YES BANK teams up with Lastmile.mobi for IRIS and EMV payment solution


YES BANK has partnered with Lastmile.mobi to introduce the IRIS EMV PoS (Point-of-Sale terminal) solution which integrates card & UPI payments, Aadhaar E-KYC and Aadhaar E-signing on a ready to use basis.

The integrated solution uses Qualcomm Snapdragon processors which comes with processing and security features. The device allows biometric authentication through IRIS scanning and acts as a Point-of-Sale (PoS) terminal as well as an ATM. Users can make cash deposits and withdrawals via business Correspondents, purchase transactions through cards, tansfer fund, balance enquiry, e-KYC verification for account opening and e-sign of account opening forms.

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