‘Gamechanger’: SBI YONO app for all. How non-SBI accountholders can make UPI payments using yono

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digital payment growth. It can stimulate competition, leading to innovation and improved services within the UPI ecosystem. Additionally, it may encourage other banks and financial institutions to follow suit, further expanding the reach of UPI-enabled services, said Anup Nayar, CEO- Domestic, In- solutions global ltd.

- Download the SBI YONO mobile banking app. It is available on both Google Play Store and the App Store. - You will see an option 'New to SBI' and 'Register Now’.

- Non-SBI account holders can click on 'Register Now'. - On the next page, you will see an option to 'Register to Make UPI Payments'.   - Choose the SIM registered with your bank account.  - Once your number is verified, select your bank to create a UPI ID.

You can either type your bank name or select it from the list. You will get a message confirming that your registration for SBI Pay has started. - Now, you have to create an SBI UPI handle, SBI will provide you with 3 ID options.

You have to choose one. - Once you have selected a UPI ID, you will get a message confirming that you have successfully created an SBI UPI handle. - You have to set an MPIN to log in to your account.

- You need to set a six-digit permanent MPIN of your choice to log in to your account. - After you set an MPIN, you can start using YONO SBI app for making UPI payments. Since its launch in 2017, YONO, the digital face of the Bank, has emerged as one of the most trusted mobile banking apps in the country with over 6 Crore registered users.In FY23 itself, 64% or 78.60 Lakh savings accounts were acquired digitally through YONO.