Telangana Educational system to go cashless transactions

Hyderabad, May 20: The Telangana Government has taken a decision in order to encourage cashless transactions in all educational institutions for fast taking to digitization Here on Friday.

In the latest move, more than 1,100 educational institutes in Telangana have tied up with Paytm to help candidates use app-based wallets to make payments. The list of institutions includes the JNTU-Hyderabad, Aakash Institute, and Next Education, among others.

"Post demonetisation, many people faced a lot of difficulty in making payments. To cut down on their trouble and simplify the payment procedure, we decided to integrate it into a mobile wallet company. This will ensure seamless fee submission for all our students.

Parents will no longer need to queue up in front of banks for paper-based transactions," said Aakash Chaudhry, director, Aakash Educational Services.

The Students also agreed that payments through mobile wallets are more hassle-free and convenient, particularly when it comes to paying fees.

However, Parents also welcomed the move and said that educational institutions which failed to upgrade themselves earlier are now forced to do so after demonetization.