Universiti Teknologi Brunei (UTB) is the latest institution to join the cashless campus bandwagon after sealing an agreement to install cashless payment facilities belonging to Bank Islam Brunei Darussalam (BIBD) and Progresif across its grounds.
The arrangement was made with the hope of driving digital innovation among students by familiarising them with the latest digital banking products and services, especially when it is more likely for the younger generation to carry a smartphone than cash.
Through the agreement, students will be able to use both BIBD QuickPay and Progresif PAY to pay for their meals and in the future, to pay for their tuition fees and other necessary expenditures.
UTB’s Director of Industry Liaison Office Jennifer Voon told The Bruneian that the university will facilitate cashless payment methods across its entire campus in phases.
She said the first phase will focus on food and beverages to make it easier for students, lecturers and other employees to get their meals.
Once that is settled, UTB will then shift its focus to implementing cashless transactions over the counter for its administrative services, including fines for overdue books.
There is no timeframe for when UTB can fully become a cashless campus, but Voon added that its implementation will be an ongoing process since technology is also actively developing today.
Signing on behalf of the university was its Acting Vice Chancellor Haji Ady Syarmin Haji Mohd Taib, while BIBD was represented by its Deputy Managing Director Noraini Haji Sulaiman and Progresif by its CEO Paul Taylor.
UTB is the second higher educational institution to join BIBD’s cashless campus initiative after University Brunei Darussalam (UBD), who signed similar agreement in June this year.
Present to witness the signing as the guest of honour was the Deputy Minister of Education Datin Seri Paduka Dr Hajah Romaizah Haji Mohd Salleh.
The Bruneian | BANDAR SERI BEGAWAN