MoU has been signed between FINCA and The City School. According to the Memorandum of Understanding the school fee of The City School will be now easier to pay by “Mobile Wallets”.
FINCA is one of the leading microfinance Bank in the World and it has brough Mobile Wallets for The City School’s fee payment method.
Parents will now be able to pay fee by SimSim. SimSim is a free mobile wallet and is the digital method that enables one to make transactions with ease.
The benefit of the initiative is that SimsSim app will reduce cost, boost financial inclusion and digitization of our economy if they pay through FINCA.
Parents from all over Pakistan can pay via FINCA easily and this is the most user friendly way of paying school fee.
Muhammad Mudassar Aqil the CEO of FINCA Microfinance Bank was of the view,
“We are really excited about our collaboration with The City School, leading to expanding the world of digital mobile payment methods and facilitating parents with easy, cost effective, and quick processing of school fee submission through smart phone.”
To this the Chief Financial Officer of The City School Mr Kamran Haider said,
“The City School is proud to provide yet another service to make the lives of our parents more convenient. We are confident that the agreement with FINCA will offer ease of access to digital financial channels for our parents nationwide.”
Once you download the App other is just as simple as anything.