LAHORE: (Wednesday, February 11, 2026): Punjab University and JS Bank have signed a Memorandum of Understanding (MoU) to digitize university fee challans through Zindigi’s Raast Dynamic QR system, marking a significant step towards digital transformation and financial innovation and becoming the first public sector university to use this technology. The MoU signing ceremony was held at the Vice Chancellor’s Office, Punjab University. On this occasion, PU VC Prof Dr Muhammad Ali, DG SES Prof Dr Rehan Sadiq, Chairman Hall Council Prof Dr Muhammad Akber Khan, Treasurer Tasneem Kamran, Additional Treasure Rao Tahir, repetitive of State Bank Mr. Bilal and senior officials of JS Bank (Zindagi) were present. Under the agreement, PU will implement Zindigi’s Raast Dynamic QR solution for fee payments, enabling students to pay their tuition and other university dues digitally through mobile banking applications. The system will allow real-time payment processing, reduce manual handling of challans, and ensure greater transparency and efficiency in financial transactions. Speaking on the occasion, Prof Dr Muhammad Ali said that PU is committed to adopting modern technologies to improve administrative efficiency and student facilitation. He stated that digitizing fee challans through Raast Dynamic QR would make the payment process faster, secure, and more convenient for students and parents. He added that the initiative aligns with the university’s broader vision of promoting a cashless and paperless campus, minimizing queues at banks, and streamlining financial operations. The representatives of JS Bank highlighted that Zindigi’s Raast Dynamic QR is a secure and State Bank–compliant digital payment solution that enables instant interbank transfers. They said the collaboration would enhance financial inclusion and provide students with seamless access to digital payment channels. Both sides expressed confidence that the partnership would strengthen digital infrastructure at PU.