AGL 40.74 Increased By ▲ 0.54 (1.34%)
AIRLINK 129.66 Increased By ▲ 0.55 (0.43%)
BOP 6.34 Decreased By ▼ -0.26 (-3.94%)
CNERGY 4.16 Increased By ▲ 0.13 (3.23%)
DCL 8.76 Increased By ▲ 0.31 (3.67%)
DFML 42.20 Increased By ▲ 0.95 (2.3%)
DGKC 87.65 Increased By ▲ 0.65 (0.75%)
FCCL 33.75 Increased By ▲ 0.40 (1.2%)
FFBL 66.21 Increased By ▲ 0.31 (0.47%)
FFL 10.68 Increased By ▲ 0.14 (1.33%)
HUBC 112.70 Increased By ▲ 2.00 (1.81%)
HUMNL 15.80 Increased By ▲ 0.57 (3.74%)
KEL 4.84 Increased By ▲ 0.06 (1.26%)
KOSM 8.03 Increased By ▲ 0.20 (2.55%)
MLCF 42.15 Increased By ▲ 0.25 (0.6%)
NBP 61.00 Increased By ▲ 0.50 (0.83%)
OGDC 189.93 Increased By ▲ 7.13 (3.9%)
PAEL 25.55 Increased By ▲ 0.19 (0.75%)
PIBTL 7.26 Increased By ▲ 1.00 (15.97%)
PPL 148.35 Increased By ▲ 0.54 (0.37%)
PRL 25.25 Increased By ▲ 0.69 (2.81%)
PTC 16.50 Increased By ▲ 0.26 (1.6%)
SEARL 70.55 Increased By ▲ 0.05 (0.07%)
TELE 7.39 Increased By ▲ 0.09 (1.23%)
TOMCL 36.10 Decreased By ▼ -0.20 (-0.55%)
TPLP 8.05 Increased By ▲ 0.20 (2.55%)
TREET 16.47 Increased By ▲ 1.17 (7.65%)
TRG 51.51 Decreased By ▼ -0.19 (-0.37%)
UNITY 27.24 Decreased By ▼ -0.11 (-0.4%)
WTL 1.29 Increased By ▲ 0.06 (4.88%)
BR100 9,929 Increased By 87.2 (0.89%)
BR30 30,498 Increased By 461.5 (1.54%)
KSE100 93,238 Increased By 717.5 (0.78%)
KSE30 28,965 Increased By 178.1 (0.62%)

LAHORE: The Punjab Information Technology Board (PITB) here Thursday signed two separate contracts with the Government Graduate College for Women (GGCW) Lahore and the University of South Asia (USA) to implement PITB's digital payment solution, PayZen, at both institutions.

This initiative aims to streamline the payment processes at these institutes, ensuring greater efficiency, transparency, and security. The contract with Government Graduate College for Women Lahore was signed by PITB Joint Director PayZen Ijlal Hussain and GGCW Principal Prof Dr Nighat Naheed Zafar while the contract with the University of South Asia was signed by PITB Joint Director PayZen Ijlal Hussain and USA Vice Chancellor Mian Imran Masood.

As part of the contract, PayZen will act as the primary interface for handling all kinds of payments at these institutes, simplifying and digitising the financial operations involved in student and institutional transactions. With PayZen’s implementation, both GGCW and USA aim to enhance their administrative processes, making payments more transparent, accessible, and user-friendly for students, faculty, and stakeholders.

Commenting on the agreements, PITB Chairman Faisal Yousaf said that PayZen not only streamlines financial transactions but also fosters a culture of transparency and convenience in educational administration. At PITB, they were committed to enhancing institutional efficiency through innovative technology, empowering students and administrators alike with secure, user-friendly digital solutions, he added.

Copyright Business Recorder, 2024

Comments

200 characters