We are thrilled to announce that Digital Miles and FAST NUCES have signed an MoU on 26th June 2023. The collaboration will help develop and promote digital financial solutions for the unbanked to improve their financial health and create a digital future.
As part of this partnership, we will be working together to make FAST NUCES a cashless campus. This will enable students, faculty, and staff to use digital payments to pay for goods and services on campus. leading to increased financial inclusion and economic activity of the unbanked.
This will not only solve the challenge of time consuming long queues at cafeteria but also provide
Convenience: Students and staff will no longer have to carry cash around campus. They can simply use their digital wallets to make payments.
Security: Digital payments are more secure than cash payments. They are less likely to be lost or stolen.
Traceability: All digital payments are recorded, which makes it easier to track expenses, identify fraud, and easily access loans in the future.
Sustainability: Digital payments reduce the need for paper and coins, which helps to protect the environment.
Making FAST NUCES a cashless campus will be a positive step for the university and its community.