Zanaco, ZAOU partner on e-payments
ZAMBIABy BiztechAfrica - July 17, 2012, 8:05 a.m.
By Edith Mwale, Lusaka, Zambia
The Zambia National Commercial Bank (Zanaco) Plc has signed a partnership with the Zambian Open University (ZAOU) on the use its electronic payment platform dubbed 'Bill Muster'.
The partnership will see students from ZAOU use Zanaco's Bill Muster platform to pay for their fees from the bank's outlets across the country.
ZAOU board chairperson Maxwell Sichula said the service could not have come at a better time, as information and communication technologies were widely recognised as potential tools for socio-economic development and catalysts for the emerging knowledge economy.
He said: "Let us all embrace ICT because it has an impact on society and the economy, both as an industrial production sector and through the demand effect it has on other economic sectors and society including, of course, the education sector.”
Zanaco managing director Martyn Schouten expressed excitement at the bank's continued efforts to ensure that students are offered convenient ways of paying their fees.
He said: "We are excited that we are adding value to students, in terms of the quality of education they are receiving from the ZAOU.”
Schouten said with the Bill Muster solution in place, the university will focus on its core business of providing quality education to the students while the bank will take care of its specialty which is the provision of efficient cash management."
He added: “We are satisfied that we are helping ease the inconvenience associated with paying school fees, such us spending a lot of time in queues."
MORE ZAMBIA NEWS
Zambia commends Ghana for digital migrationZambia’s Information and Broadcasting Services deputy minister Mwansa Kapeya has commended Ghana for the successful implementation of its digital migration programme. Read More
ZICTA Young Innovators Workshop next weekZICTA will stage a workshop for young ICT innovators in Lusaka next week. Read More
Four companies lose digital migration bidThe Zambian government has revealed why four companies were not awarded the DTTV tender. Read More
Theft costs Airtel Zambia KR1.2 millionAirtel Zambia says it has lost KR1.2 million worth of batteries and fuel through theft in the past 11 months. Read More
Computerisation delays commencement of nationwide land auditThe commencement of Zambia's nationwide land audit has been delayed due to delays in computerisation of the ministry. Read More
Fire guts Copperbelt University ICT labFire has swept through computer laboratories at the department computer science country’s Copperbelt University. Read More
ZICTA to open ICT centre of knowledgeZambia’s ICT authority will soon open an ICT training centre. Read More
ZICTA, CSO partnerZambia’s regulator, ZICTA, has signed a MoU with the Central Statistical Office to enhance the regulatory system. Read More
Airtel Zambia supports Kuomboka ceremonyAirtel Zambia has contributed K269 million to the organising committee of this year’s Kuomboka traditional ceremony of the Lozi people of Western province. Read More
Airtel Zambia to retain contracts with drug convicted musicianAirtel Zambia has refused to terminate the contract with convicted musician Wesley Chibambo popularly known as Dandy Crazy who has recently been convicted for drug trafficking. Read More
FEATURED STORYICT opens doors for Kenyan slum dwellers
A Nairobi based group is equipping high school girls from Nairobi's slums with ICT skills to help them participate meaningfully in building the economy.
BEST READ NEWS
IN DEPTHBetting on the cloud
In Africa, an emerging ICT industry is betting its future on serving customers and businesses through cloud based applications, Riverbed Technology has told Biztechafrica.
COMPANY NEWSMost powerful and compact Samsung A3 colour and mono copiers announced
Samsung Electronics South Africa has launched its groundbreaking CLX-9201, 9251, and 9301 A3 colour and SCX-8123, CX-8128 A3 mono copiers.