With RBI imposing a moratorium on Yes Bank, which resulted in a Rs 50,000 withdrawal limit until April 3, 2020, it is understandable that you don’t want to transact through your Yes Bank account for now. This also means less usage of Yes Mobile app for transferring funds and paying bills. Fortunately, you can connect your UPI account with a different bank account and transact using that.
Fortunately, you still have other options through which you can transfer and receive money directly to your accounts. We are talking about WhatsApp Pay (in Beta), Amazon Pay and Google Pay. Here’s how you can send money via each of them and what’s the difference between each of them.
Amazon Pay Balance, Amazon Pay UPI and Amazon Pay ICICI Card are the three ways to make payment here.
You need to enable the Amazon UPI feature to send and request money and use the scan and pay feature.
In Amazon Pay Balance, recharge the account and make transactions. You can shop and make payments but can’t transfer or accept money. The scan and pay feature is not applicable too.