Bangladesh, July 18 -- Upay and UCSI University Bangladesh Campus have launched a digital payments partnership for tuition fees, campus purchases, and scholarship disbursements.

Upay is the mobile financial service of UCB Fintech Company Limited, a subsidiary of United Commercial Bank PLC.

The agreement was signed at a ceremony at Banani Club in the city recently.

Chairman and Managing Director of UCSI University Bangladesh, Ariful Bari Majumder, said the agreement would help advance cashless transactions on campus. Shyamal B Das, Managing Director and Chief Executive Officer of Upay, said the partnership would support digital payments for students. Senior officials from both organisations were present at the event.

The initiative wil...