CorpBank launches smartcard for students

corpbank logoDeciding to net the student segment and widen its customer base, Corporation Bank on Wednesday announced a tie-up with Bangalore-based technology solutions provider IDenizen Smartware Private Limited to launch SmartCampus, a smartcard enabled software package for the education vertical.

SmartCampus, developed by IDenizen over the last four years, is a student identity card that can be used as a regular ATM-cum-debit card. The Visa-powered radio frequency identification (RFID) card seeks to integrate all key activities of an educational institute - be it payment of admission fees, monitoring students’ attendance, library automation and examination results among others - onto a single platform. SmartCampus cardholders can access 1,000 plus ATMs of Corporation Bank and 25,000 plus ATMs that are powered by Visa across the country.

IDenizen’s chief operating officer Vinod P John said SmartCampus has been well-received by the colleges as it takes campus management to a higher level. Colleges do not have to invest anything on this technology as students are supposed to pay an annual subscription fee, John said. Students have to shell out anywhere between Rs 700 -1,000 per annum to own a SmartCampus card.

IDenizen’s managing director and CEO Girish Balaga said the company planned to increase SmartCampus card users to 250,000 this fiscal and one million in the next three years.

Source: BS

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