Paytm, the country’s most reliable e-commerce and mobile payment portal has provided a cashless solution to Lovely Professional University (LPU) in Jalandhar.
Counted among the largest single campus universities in India, LPU has around 25000 students, 3500 faculty and staff. To felicitate and make easy payment (cash alternative) the university has joined hands with Paytm.
Since the young generation is a mobile app maniac, more than 60 per cent of the students and also the staff are already using Paytm app. The university with help of Paytm wallet is making payments easy for them, whether university or hostel fees, purchase of books or paying canteen bills.
“In line with our vision for a cashless economy, we are committed to bring more and more use cases of wallet payments across categories. We have enabled wallets for admission and fee collections in some of the most prominent educational institutions and now students can also pay at canteens, cafeterias, tuck shops and other vendors on campus with their wallets. With this, students can now experience a complete cash free environment at these campuses,” Senior Vice President Paytm, Kiran Vasi Reddy was quoted by The Economic Times as saying.
“After talking to Paytm and implementing their system all our fees are coming online and even all vendors like hostel canteen etc are also accepting money through Paytm solution. This has really helped parents and students to understand their spending pattern,” Chancellor, LPU Ashok Mittal was quoted by The Economic Times as saying.
