Zindigi, powered by JS Bank, and the Punjab University (PU) have signed a Memorandum of Understanding (MoU) to digitize the University’s fee payment system through Zindigi’sRaast Dynamic QR (DQR) system. This collaboration marks a significant milestone in digital transformation and financial innovation, making Punjab Univeristy the first public sector university in Pakistan to adopt Zindigi’s Raast Dynamic QR.

Through this initiative, approximately 49,000 students at the University of the Punjab will be able to pay their fees seamlessly using Raast DQR, eliminating the need for physical transactions and long queues. The integration of Zindigi’s digital payment solutions ensures a secure, efficient, and convenient experience for both students and university administration.

Mr. Atif Ishaque, Chief Business Officer at Zindigi, said, “Bringing RaastDigital QR to PU transforms how thousands of students transact, making payments instant, secure, and fully digital.” He added that this initiative reflects Zindigi’s commitment to creating real, on-ground impact by embedding digital finance into everyday institutional operations.

Prof. Dr. Muhammad Ali, Vice Chancellor of the Punjab Univeristy, stated, “Digitizing our fee payment system demonstrates PU’s commitment to modernization and efficiency. Raast Digital QR payments will make transactions seamless, secure, and convenient for students and parents, while advancing the University’s role in Pakistan’s digital transformation.”

The signing ceremony was attended by senior representatives from the State Bank of Pakistan (SBP), the University of the Punjab, and Zindigi. Representing SBP – Banking Services Corporation (SBP-BSC), Lahore, were Mr. Tariq Riaz, Chief Manager; Mr. Bilal Shafqat, Deputy Chief Manager; and Mr. Muhammad Hammad, Assistant Chief Manager. The University of the Punjab was represented by Prof. Dr. Muhammad Ali, Vice Chancellor; Mr. Tasneem Kamran, Treasurer; and Mr. Rao Muhammad Tahir Rafiq, Additional Treasurer. From Zindigi, attendees included Mr. Atif Ishaque, Chief Business Officer; Mr. Mohsin Khan, Head of Retail Sales & Merchant Channel; and Mr. Hammad Raza, Regional Business Head Central.

Zindigi continues to expand its footprint across sectors, delivering innovative digital financial solutions that simplify payments and support Pakistan’s transition toward a digitally empowered economy.