ZANACO Plc has added Zambian Open University (ZAOU) on the list of companies using its payment platform ‘Bill Muster’.

The partnership signed yesterday will see students from ZAOU use Zanaco’s Bill Muster platform to pay for their fees from the bank’s outlets.
ZAOU’s inclusion on the facility brings to 20 the number of companies on the bank’s Bill Muster network.

Zanaco has similar partnerships with 19 other organisations ranging from water utilities like Lukanga, Lusaka and Kafubu water and sewerage companies and institutions of learning such as the University of Zambia (UNZA), the Copperbelt University (CBU) and other organizations such as MultiChoice.

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.

“We are excited that we are adding value to students, in terms of the quality of education they are receiving from the ZAOU,” said Schouten.

“With the Bill Muster solution in place, the university will focus on its core business of providing quality education to the students while we take care of our specialty which is the provision of efficient cash management. We are satisfied that we are helping ease the inconvenience associated with paying school fees such us spending a lot of time in queues.”

And 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.

“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,” said Sichula.

Source: The Post Newspapers Zambia