Explanation:

• Yes Bank launched its digital wallet solution ‘Yuva Pay’ in partnership with UDMA Technologies to enable contactless payments for its customers.
• The digital wallet issued under minimum KYC regulations to Yes Bank will offer bill payments via Bharat Bill Pay and provide Unified Payments Interface (UPI) facility to customers.
• Through the app, customers can pay their utility bills (including municipal, house, water tax, electricity, LPG, DTH, Mobile bill, license fees), make insurance renewals, FASTag recharges, EMI payments, and use the app to make payments at retail outlets.