Yes Bank collaborates with First Data for ATM network deployment

First Data and India's new age private sector bank YES BANK set up collaboration in a move to establish jointly a widespread network of ATMs across various cities in India. Thus, on Thursday, Yes Bank and First Data signed a Memorandum of Understanding for an innovative ATM rolling out programme. 

This partnership is to become unique and significant in the Indian banking landscape, being a significant step forward in meeting the Indian regulators' mandate to provide convenient ATM access to bank customers across India, as Mr. Rana Kapoor, founder/managing director and CEO of YES BANK considers. 

 Yes Bank and First Data initiative is to support significantly the availability of ATMs to YES BANK customers and to cardholders of other banks. The main goal is to supply with ATMs at the most convenient locations for the Indian debit cardholder, as shopping malls and restaurants and in high street business locations, enhancing the usage and sharing of ATMs.