BANK Islam Malaysia Berhad launched the KipleUNI, an e-wallet service application through a collaboration with KiplePay, a wholly-owned subsidiary of Green Packet Bhd.
This partnership programme is tailored to drive financial technologies through digital and cashless transactions and offer solutions to promote cashless society to students in public universities.
Bank Islam Malaysia Berhad chief executive officer Mohd Muazzam Mohamed said the programme was intended to fulfil the needs of students, universities and merchant partners via seamless electronic payment transactions in a digital platform.
“Students can now link their credit or debit cards for direct cashless payments within the universities, as well as other selected merchants outside the campuses.
“All e-card transactions via KiplePay app will be facilitated through Bank Islam’s enhanced payment gateway service portal, ” he added.
Muazzam added, as for now, KipleUNI e-wallet service is live at Universiti Utara Malaysia (UUM).
“In the next few months, this facility will be available at Universiti Teknologi Mara (UiTM), Universiti Teknologi Melaka (UTeM) and Universiti Putra Malaysia (UPM), ” said Muazzam.
Meanwhile KiplePay chief executive officer Tan Kay Yen, said the collaboration with Bank Islam brings forth the cashless integration within the KiplePay app and Bank Islam payment services through the programme.
“This programme is just the beginning as more initiatives will be introduced in the future.
“Our innovative solutions stem from our continuous learning, on ground tests and understanding the specific needs of our communities, ” he said, adding that through this initiative they aim to create a robust and holistic ecosystem that promotes the digital lifestyle.
Bank Islam and KiplePay are looking to make this programme available to 50% of the campuses in the country will be working towards making it available to a wider reach after more features are added.
“Each university student will be logged in to a different interface based on their university’s identification number.
“Apart from students, other users can still enjoy the benefits from this application for both Android and Iphone users.
Also present at the launch were the National Higher Education Fund Corporation (PTPTN) chief executive officer, Ahmad Dasuki Abdul Majid.
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