Project Location: Dubai, Alain, Abu Dhabi, Sharjah, Ras Al Khaimah, Fujairah, United Arab Emirates

Founded in 1988, the Higher Colleges of Technology (HCT) is the UAE’s largest applied higher educational institution, and the nation’s first approved university economic free zone, empowering it to graduate companies in alignment with the directives of the UAE’s wise leadership.

Over 45,000 students attend 17 men’s and women’s campuses in Abu Dhabi, Al Ain, Al Dhafra region, Dubai, Sharjah, Ras Al Khaimah, and Fujairah. Female students make up 63% of the student body, which reflects the HCT’s key role in preparing Emirati females to contribute effectively to national development in the service of their country. Since 1991, the HCT has proudly awarded over 72,000 academic degrees to male and female graduates who have applied the quality education gained during their study in HCT.

Business requirements

• HCT wanted a closed-loop prepaid card system to benefit participating merchants with attractive transaction fees. Therefore, HCT has made it easy for them as per their business requirements.
• HCT wants to give a better Student Happiness experience by providing more loyalty points which any in-campus digital transactions.
• It will be helpful for the business because it will help them save time and get complete online data.
• The client needs closed-loop card services for all HCT Students, to make sure contactless payment amidst the coronavirus to ensure the safety of its users.
• HCT required to make sure all of their savings in the bank accounts and whenever they need their amount, they can use the ON Campus cashless transaction method.

• Colleges have to develop their payment system into cashless also keep upgrade with modern times. This Cashless system facilitates not only college administration but also for students.
• These cards have multiple functions; you don’t need to be worried about theft of money. Parents or student can top up their credit from anywhere.
• Students prefer these encrypted cards over cash, as it is easy to use and manage.
• These cards introduced for food service, but nowadays, these cards facilitate us in many ways within smart Cashless Campuses.

Benefits of Cashless Campus Prepaid Card Solution:

• These personalized cards are secured with a digital pin accessible only to administration and cardholders.
• Cashless cards are less time-consuming than for a single payment, and you take out money count than pay shops will count put money in the box. And hand over cash to others.
• Cashless system project will enable them to avoid the use of paper cash in all HCT branches in UAE.
• IN-Campus transactions across all participating merchants can be done in real time.
• There will be no need to keep cash with students always.
• Portable and small size card.
• Cashless system is secure and fast.
• It is easy to monitor and manage the cashless system.

Solution Offered:

1. Closed loop POS terminals were On-Boarded in all Merchant locations within all Higher college of technology (HCT) campuses in UAE.
2. The payment transaction speed was faster for all students during peak hours from all campus locations.
3. POS Terminals were connected to UNB Banks core banking Payment switch
4. Settlement and Reconciliation modules were deployed as per Banks Business requirements.
5. End to End Security and Monitoring was in place to make sure all operations go smoothly during business hours.
6. 24X7 Call Center support was provided to HCT Helpdesk support.
7. The business of Merchants has been increasing day by day with the help of a cashless payment system developed by HCT.
8. The cost of Transactions was drastically reduced by HCT to motivate merchants.
9. Student Campus card On-Boarding is instantly done by self-service kiosk activation screens in all campus locations.