According to Cointelegraph, Yes Bank has integrated the Unified Payments Interface (UPI) with the Reserve Bank of India's (RBI) digital rupee app, enhancing the usability of the central bank digital currency (CBDC). The integration allows Yes Bank account holders to make transactions with the digital rupee by scanning UPI QR codes. Operated by the National Payments Corporation of India (NPCI), a division of the RBI, the UPI is used by 150 million merchants in India. Yes Bank was one of the eight original participating banks in the retail digital rupee pilot project, which launched in December and had carried out 800,000 transactions worth $134 million by February.