The Tertiary Scholarships and Loans Service and Vodafone have renewed their agreement on provision of M-PAiSA service to the TSLS sponsored and funded students at the TSLS Headquarters in Garden City, Suva today.
TSLS CEO Hasmukh Lal says this provision of services through digital means is aligned to the TSLS strategic focus areas of ICT transformation and customer service excellence.
Lal says M-PAiSA platform is one of the many avenues TSLS is using for reliable and convenient service to the students.
He says TSLS sponsored students are at the advanced stage of using cashless and electronic payment modes and the organisation is proud to be a partner in driving cashless revolution in the country with relevant stakeholders.
He says the average disbursement of allowance in the first 4 years was $8 million annually.
He says TSLS has already disbursed $13 million through M-PAiSA to sponsored students and it is projected to be around $25 million by end of this year
Lal says this year, 15,667 students are sponsored by Fiji Government through TSLS and from 2018 to date $81 million has been disbursed through M-PaiSA.
Vodafone Head of E-Commerce and Digital Financial Services Shailendra Prasad says M-PAiSA is a significant player in Fiji’s financial service ecosystem and offers access to financial services to more people and provides 24x 7 access from the mobile phone.
Vodafone has introduced the M-PAiSA Mastercard that allows cardholders to be able to make payments anywhere in the world when travelling or online.
Prasad says this allows students to subscribe to online educational and learning assistance sites such as ChatGpt or Googles Gemini which could give them an edge in assignments and projects.
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