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Zindigi and Punjab University Digitize Fee Payments with Raast Dynamic QR

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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.





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Gmail Security Warning — AI Attackers Can Read Your Email

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Gmail users, pay attention: newly reported AI attacks can access and read your email messages.



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Discord Tries to Walk Back Controversial Face Scan Requirement

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Discord has clarified details of its upcoming age verification system following user backlash over concerns about mandatory face scans and government ID checks.

The company said the “vast majority” of users will not be required to confirm their age through facial scans or ID submissions.

Age Prediction Model

Discord explained that it will primarily rely on an internal age prediction model to determine whether a user is an adult.

The system uses account information, device and activity data, and behavioral patterns across communities to estimate age. Users whose age cannot be determined with sufficient confidence will still be required to submit a video selfie or government identification for verification.

Approach for Unverified Users

Users who are not verified as adults, or who are identified as under 18, will be placed in what Discord describes as a “teen-appropriate” experience.

This version of the platform blocks access to age-restricted servers and channels.

Data Breach Concerns

The clarification follows user criticism and threats to leave the platform or cancel Discord Nitro memberships.

Concerns were also heightened by a data breach last year involving a third-party vendor used by Discord for age verification. The breach exposed user information and a small number of uploaded ID cards.





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Smartphone Prices Set to Rise as Memory Costs Hit 40% of Build Cost

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Rising memory chip prices are expected to significantly reduce global smartphone shipments in 2026 and raise prices, according to the latest forecast from TrendForce.

The research firm projects a 10% decline in worldwide smartphone shipments this year, resulting in total shipments of approximately 1.135 billion units.

Bear-Case Scenario

TrendForce also outlined a more severe “bear-case scenario,” under which shipments could fall by as much as 15%. In that case, global smartphone shipments would reach approximately 1.061 billion units for the year.

By comparison, 2025 concluded with modest growth. Shipments rose by 2% year over year, reaching between 1.24 billion and 1.26 billion units.

Regardless of the final shipment figure, TrendForce expects average smartphone selling prices in 2026 to increase.

The firm noted that memory components historically accounted for 10% to 15% of a smartphone’s bill of materials. That share has now climbed to an estimated 30% to 40%, reflecting surging memory prices. The higher cost burden is expected to reduce production volumes for some manufacturers.

Budget Phones May Suffer More

The effects of rising memory costs are expected to differ among smartphone brands. Samsung may be better positioned due to its vertical integration and role as a major supplier of memory. Apple could also be relatively insulated, as its customer base has historically shown greater tolerance for price increases.

In contrast, many Chinese smartphone manufacturers may face greater pressure. Brands such as Xiaomi, which rely heavily on entry-level devices and price-sensitive consumers, are considered more vulnerable to cost volatility.





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