IIT Kanpur will soon become a completely cashless campus
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Its QR Code-based cashless payment solution, Paytm claimed, has been enabled across various offline touch-points within the IIT Kanpur campus including the Hostel Canteens, Medical Store, Tea Stalls, Book Stalls and Cycle Repairing shops among others.
The move is to help students and teachers make quick and easy payments without the worries of carrying loose change.
Kiran Vasireddy, Senior Vice President – Paytm said, “Our ‘Cashless Campus’ initiative has proven to be a great success with the country’s youth. This is a clear reflection of the younger generation’s eagerness to choose digital payments over the hassles of cash. IIT Kanpur would be a great addition to our extensive portfolio of premium institutions including IIM Ahmedabad, IIT Madras and
Over the past years, Paytm has forged partnerships with several top colleges, universities and coaching across India. IIM A, IIM B, ISB- Hyderabad and Mohali, XLRI and IIM Indore and more have seen such tie-ups.
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The company has also partnered with several top private colleges like Symbiosis and
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