Will YONO replace debit cards

August 21, 2019 |
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Banking
Will YONO replace debit cards

Delhi: Country's largest public sector lender SBI is likely to discontinue its debit card services to boost its app yono. The goal is to completely digitize banking transactions. This was announced by SBI Chairman Rajneesh Kumar. SBI is also planning to expand the YoNo (You Only Need One), a digital platform designed to make it easy for everyone to open accounts and for transactions.

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