PITB and Pak Angels Foundation School have signed an agreement to streamline the payment processes of the said school by implementing PITB developed Payzen fintech system. Pak Angels Foundation School CEO Yasir Maqsood and PITB Bizlinks representatives Joint Directors Syed Ijlal Hussain and Mudassir Paracha and SPM Irfan Tahir were the part of this meeting.
As part of the agreement, PITB will spearhead the development and maintenance of Payzen’s web-based platform, enabling Pak Angels Foundation School to digitize its collection processes through multiple channels, including mobile banking, ATMs and debit/credit cards.
This partnership will help school improve its collection processes, ultimately boosting revenue streams. PITB will ensure that the school has access to Payzen's advanced dashboard, providing real-time updates whereas enhancing financial oversight and transparency.
To ensure the seamless operations of the system, PITB will provide training to the school staff along with continuous support to guarantee secure and efficient functionality throughout the project’s lifecycle.