With PayUMoney, ISBM University prefers to collect fees online whether its admission fees, hostel fees, bus fees, examination fees.
PayUMoney, an online payment solution by PayU India has tied up with leading educational brands like ISBM University as their preferred payment gateway partner in Chhattisgarh, infusing the cult of a cashless economy deep into the state.
PayUMoney is taking its cashless solution to ISBM University’s campus to offer its students ease and comfort while making payment of academic fees, registration and enrollment charges and any such transaction that would involve sending and receiving of money through online modes thus keeping cash transactions in ISBM University campus to minimal. In a very short duration of time, PayUMoney has gained likeability in the Indian markets due to the freedom and convenience that it offers to the users.
ISBM University is an UGC recognized private University in Raipur, Chhattisgarh, India under section 2(F) of UGC Act 1956. It is approved by the Government of Chhattisgarh under the Chhattisgarh Private Universities (Establishment and Operation) Act, 2005 (Amendment Act 2016) to confer doctorate, degree, diploma and certificates to students. The programs of ISBM University focus on building depth of understanding, capacity for interdisciplinary learning and research, analytical skills, critical thinking and communications in an atmosphere of academic freedom and integrity with special focus on ensuring socio-economic tribal-development in scheduled areas of Chhattisgarh.
Dr. Vinay Agrawal, Executive Director at ISBM expressed his gratitude by saying that, “The major problems that educational institutions had were technical capabilities, lengthy documentation process and online security issues. We solved all the three by making the technical integration process extremely simple and the documentation process really easy. For online security issues, PayUMoney today offers 100% Buyer Protection to their respective users. We anticipate the growth to be multifold in the state of Chhattisgarh as there is wide acceptance by both parents & by Education Institutions towards online fee payments.”
He further states, “This tie up will benefit students, teachers, parents and the institute altogether. By making ISBM University transactions cashless we wish to contribute to the Prime Minister’s vision of making India a digital nation. ISBM University’s association with PayUMoney has resulted into a surfeit of fee payment and transaction options to students. Implementation of the PayUMoney wallet system has made online admission process at ISBM University relatively easier.”