Flexible Electronics News

YES BANK Secures Mobile Payment Transactions with Data Encryption Solution from Gemalto

Gemalto’s SafeNet Hardware Security Modules support YES BANK’s secure implementation of India’s Unified Payments Interface.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Gemalto announced that YES BANK, India’s fifth largest private sector bank, has deployed its SafeNet Network HSM to secure mobile payment transactions for millions of its customers under India’s recently implemented Unified Payments Interface (UPI).   YES BANK is a full service commercial bank that has acted as a front runner in deploying UPI, India’s next generation online payments solution, which enables all account holders to send and receive money from their smartphones with a single ident...

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