Confidential Relevance of Digital Money in Campuses Learning
- Slides: 11
Confidential
Relevance of Digital Money in Campuses Learning As student life is all about learning and cash soon losing its life, its very important to teach the students how to use it – that too in a controlled environment Administrative Accounting and reconciliation for the school / college management becomes extremely easy with digital money – no cash , no coins , no change !!! Accountability Expense Control Digital Money has a trace – helps teachers and parents to identify where it went and what was it used for Be it the school or parents , the control over the expenses are a very critical factor Safety Reports & Analysis Since it works within the Campus , children will be safeguarded against Vices and habits at a very young age The reports and analysis that can be taken out of digital transactions has much more weightage than the conventional planning and reporting Confidential
Campus Wallet A digital Wallet created for Students Works through the ID card or Biometric ( Thumb Impression ) Only works inside the Institution’s Campus Completely Compliant with the rules Confidential
Product – Key Features - Safe & Secure on the cloud Mobile Apps for students/ parents and Teachers Bank payment/transaction processing is our responsibility A User Dashboard & Software Application Any ERP data can be integrated through APIs Confidential
Mobile Apps To support the Campus Wallet we have two Mobile Apps Parent/ Student App Parents & Students can recharge Campus Wallet , see transactions , assess spent , Pay Fees and other expenses inside the campus Teachers App To use our communication modules like leave request , Notices , Results and much more Confidential
Work Done Share Parents / Student Data Setting the back end Communication to Parents / Students Installation of POS Configuring Mobile Apps Upload the data School / College Chillar Payment Solutions Card Printing or Biometric Imprint Collection Training Maintenance Confidential
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Product - Process Escrow Account
Few Clients for Reference • • • VIT, Andhra Pradesh. Avantika by MIT, Pune and Ujjain The Choice, Kochi. St. Johns, Chennai. Christ Nagar College, Thiruvananthapuram. Bishop Cotton Girls , Bangalore Operational Installation Stage Confidential
Data Security • Student biometric information is stored only in the POS machine provided in the institution. • POS machine converts the finger print into an encrypted 16 digit alpha numeric code, which is now the unique identification number for the student. • Server stores these encrypted codes and the POS machine authenticates the student during the time of the transaction. • Making the Biometric data 100% safe and secure. • Chillar signs an official agreement with the Institution for ensuring the confidentiality of the parent database shared by the institution.
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