Uphold partners with YES BANK to strengthen its position in India

Financial transaction cloud platforms are becoming an emerging trend, and Uphold is a leader in this field.

Today, the company has partnered with YES BANK to provide its trading services to Indian consumers. This is also good news for Bitcoin, as Bitcoin is also one of the currencies in circulation on the platform.

YES BANK is an important partner of Uphold

Uphold is a disruptive innovation trading platform, so there are not many large financial institutions willing to cooperate with it. At present, the company provides consumers with a convenient trading platform that supports multiple types of currency transactions, including Bitcoin and precious metals. Therefore, Uphold has also attracted a lot of attention.

Since the platform currently supports the Indian bank account system, the cooperation with India's fifth largest private bank will bring more consumers to the platform. In fact, completely different from other transaction cloud platforms, using the Uphold platform to transfer funds from a bank account only requires a few simple clicks, and the whole process is very simple and smooth.

Arun Agrawal of YES BANK said:

YES BANK is honored to partner with Uphold. Uphold brings us affordable and feasible innovative solutions to enable currencies from 174 countries to flow into India. This initiative also provides great convenience for Uphold users, allowing them to transfer currencies in a secure environment. At the same time, through the platform's innovative digital technology, we have also fulfilled our promise to provide users with first-class banking services.

Uphold makes the process of transferring funds faster, cheaper and more convenient. The trading cloud platform has now added a new payment solution - a ruble prepaid card. The advantage of this card is that there is no charge for fund transfers.

Considering that most Indians access the internet using mobile devices rather than computers and laptops, Uphold supports mobile device applications to access its platform. In addition, many businesses and individuals in India are not served by traditional banks, which makes this financial solution - in partnership with Uphold - even more meaningful.

It is worth noting that Uphold has previously been involved in the Indian banking sector, and this cooperation with YES BANK should be regarded as the second cooperation with India. Emerging markets have great value for the trading ecosystem, especially in regions where the traditional financial services industry does not have a monopoly on the market.