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UUM goes cashless with kiplePay

By Green Packet Admin
06 May 2019

PETALING JAYA: Communication and technology services company has taken its mobile payment solution to Universiti Utara Malaysia (UUM) to enable the latter’s 20,000 population to go cashless.

UUM has signed a strategic collaboration with kiplePay Sdn Bhd, a wholly-owned subsidiary of Green Packet, to make UUM in Sintok, Kedah, the first cashless campus.

kiplePay is a licensed Bank Negara e-wallet issuer that operates a cashless payment gateway for businesses and an e-wallet for consumers.

In a joint press release by UUM and kiplePay, it was revealed that under the unified cash system they now have, the UUM community made up of more than 20,000 students, lecturers and staff, will be able to perform various transactions on the mobile payment system such as those involving in-campus retail stores, zakat fund disbursements, facilities booking and payment of university fees.

“UUM cashless community is the first step that we are embarking on to achieve Smart Campus status. As part of a trial, the university had taken the initiative to distribute zakat aid to UUM students through kiplePay. A total of RM340,000 of zakat fund distribution via the kiplePay e-wallet has been starting from December 2018, making UUM to be the first public university in Malaysia to distribute zakat aid to students through the e-wallet app,” said UUM Vice-Chancellor Professor Ahmad Bashawir.

A memorandum of agreement was signed between Ahmad Bashawir and Tan Kay Yen, CEO of kiplePay and Green Packet. The signing ceremony was witnessed by Kedah state executive councillor Mohd Asmirul Anuar Aris and National Higher Education Fund Corp (PTPTN) chairman Wan Saiful Wan Jan.

Prior to the signing, Mohd Asmirul was led to experience the life of the UUM community in a cashless ecosystem that included a showcase of how students could purchase books and order food from the cafeteria using kiplePay.

“The collaboration between kiplePay and UUM becomes a clear testament to our belief in accelerating Malaysia’s businesses, enterprises and universities in their transformation journey to e-payments for greater economic efficiency.

“It will not be just the students, lecturers and UUM staff who will enjoy the convenience provided by kiplePay. I believe this collaboration marks a great initiative to transform and digitise the education industry, thereby expanding the cashless ecosystem further in Malaysia,” said Tan.

Read More At https://www.thestar.com.my/business/business-news/2019/05/06/uum-goes-cashless-with-kiplepay/

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