In order to develop digital financial services, NUCES and FAST have established an agreement with NiFT.
Mr. Haider Wahab, NiFT’s Chief Executive Officer, and Prof Jawwad Shamsi, Director, NUCES-FAST Karachi Campus, were in attendance at the signing event. NiFT will give NUCES students access to its NiFT ePay platform as part of the agreement. Students who use Pakistan’s leading payment processing service will be able to pay their tuition fees online over a secure digital link. The MoU, on the other hand, would provide NUCES students with internships and R&D opportunities in the fintech business.
Prof. Jawwad Shamsi, Director NUCES-FAST, spoke at the event and thanked NiFT for its assistance in attaining a watershed moment in Pakistan’s e-payments digitalization. “We are thrilled to join with NiFT in order to better assist our students with digital payments,” he stated. This Memorandum of Understanding would open the path for long-term partnership between NiFT and NUCES in furthering Pakistan’s many digitalization projects.”
“We are thrilled to enable and work with NUCES-FAST, which is one of Pakistan’s premier universities in several areas,” stated Mr. Haider Wahab, CEO of NIFT. Although the strategic initiative between the two organisations to create digitization projects and develop human capital with mentorship from industry experts will enhance the exposure of NUCES students, I am more excited about the strategic initiative between the two organisations to create digitization projects and develop human capital with mentorship from industry experts, which will enhance the exposure of NUCES students. This is also one of our core goals: to bring academia and industry together so that graduates are ready to enter the workforce.
Recent pandemic occurrences have changed Pakistan’s digital ecosystem and increased the demand for ePayment solutions. The adaptation of the NIFT Digital Financial Services for NUCES-FAST students, as well as future collaboration between the two institutes, will benefit all parties and constitute a significant step forward in the national digital financial environment.
