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YES Bank has announced a tie-up with Singapore-based MatchMove Pay that will enable the bank’s customers who do not own credit cards or even online banking facilities to immediately start making purchases online or in-app. Initially, MatchMove Pay, which is a mobile payment platform provider, will launch its mobile wallet platform-as-a-service in India through YES Bank’s infrastructure, thereby offering the latter’s customers an alternative online payment solution via its pre-paid virtual cards licensed by MasterCard, the private sector bank said in a statement. It added that the next stage of growth will see YES Bank and MatchMove extending the platform in a co-branded model to airlines, e-commerce stores, and lifestyle apps to enable in-app, one-click purchases instantly, safely and easily.
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