UPI: How non-SBI cardholders can make UPI payments through Yono app

The State Bank of India (SBI) has launched a new feature that will allow non-SBI customers to use its YONO application for making digital payments using the Unified Payments Interface (UPI) mode.

Using the YONO Application, users can scan any QR code and make payments. Also, the users can send money to their contacts, transfer funds between accounts, send money to phone numbers, and request money from others. The application allows its users to check their balance and transaction history.

The largest public sector lender’s move comes to increase the use of its YONO platform as a large section of customers prefer banks over fintech apps for UPI payments. SBI aims to cater to the needs of the customers from other banks by allowing them to use YONO app for UPI payments. This move will also help SBI to increase its user base and total number of downloads for YONO app.

How to make payments using SBI YONO app

Step 1: Download the SBI Yono application.

Step 2: Click on 'New to SBI' to proceed with the registration.

Step 3: Enter mobile number and link it to bank account.

Step 4: Complete the verification process and then create an UPI ID.

Step 5: Select your bank.

Step 6: Complete the registration process on SBI Pay and then proceed with the verification process.

Step 7: After creating an UPI ID, users then need to select UPI as their preferred mode of payment.

Step 8: Then, log in to your account and set an MPIN.

Step 9: After setting the MPIN, you can use SBI YONO for making UPI payments.

SBI's YONO application is available on both the Apple App Store and Google Play. Members of different banks can use the YONO SBI application by downloading the app and clicking on the "New to SBI" option.