December 13, 2025 03:58 pm (IST)
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Yes Bank Payment Solution for Snapdeal wins awards
Mumbai, May 12 (IBNS): Yes Bank has won multiple awards at The Asian Banker Banker's Choice and Asian Banker Transaction Banking Awards 2016 programme held in Vietnam.
The bank implemented a customized API Banking corporate payment solution for Snapdeal which was recognized as the Best Corporate Payment Project in India.
Speaking about the awards, Asit Oberoi, Group President & Global Head, Transaction Banking Group, Yes Bank said, “Yes Bankers are pleased to receive these prestigious recognitions from The Asian Banker magazine. API Banking is revolutionizing B2B Digitized Banking and Yes Bank is proud to be at the forefront of such innovations along with its partners like Snapdeal."
"This is also the 2nd successive year where Yes Bank has been recognized as the Best Trade Finance Bank in India which is a testimony to our expertise in this space. The multiple awards reinforce Yes Bank’s leadership in the Transaction Banking and Payments domain which is backed by innovation, technology and robust risk management frameworks,” said he.
Speaking about the award, Anup Vikal, Chief Financial Officer, Snapdeal, said, “Snapdeal is building an ecosystem that powers billions of digital commerce transactions. Refunds form a crucial part of customer experience. With Yes Bank's customized API banking corporate payment solution we were able to introduce a truly game-changing service that provides our customers the most seamless and fastest refund facility resulting in a superior customer experience.”
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