UP students and employees are about to say goodbye to the barcoded UP ID as the new and improved radio frequency identification (RFID)/near-field communication (NFC) UP cards will be rolled out soon.
The University has signed a memorandum of agreement with PayMaya on June 20 for the creation and deployment of the cards as well as the accompanying facilities needed for the use of the new UP ID.
According to UP President Danilo Concepcion, the project was first envisioned as a meal card for students on scholarship programs with food allowance. He said he asked IT experts in UP how the University can employ a system similar to some establishments where money is loaded onto a card and the card is used to buy food and beverages. “And they told me PayMaya has that system. PayMaya was, coincidentally, also looking at UP as a potential partner for the deployment of its services.”
From a meal card, the project evolved into the “powered up” UP ID, where students can receive their allowances and stipends, and pay for dormitory and other school fees, among others.
PayMaya Founder and CEO Orlando Vea emphasized that the partnership with UP plays a big part in an even broader initiative toward digital financial inclusion in the country. “There is a confluence of objectives,” he said, of PayMaya’s undertakings and the goal of the Bangko Sentral ng Pilipinas that at least “20% of all commercial transactions are digital by 2020.”
The RFID/NFC UP ID will primarily be used for internal University transactions such as those in libraries, offices, and cafeterias. It will also be used for access and timekeeping.
Students and employees across the UP System will have the option to avail of PayMaya’s financial services that are external to the University. However, these have to be activated by the users as the new UP IDs to be issued are inactive for these services.
These additional external financial services by PayMaya are not endorsed by UP nor required by UP of its constituents. Should the UP ID owners decide to enable these services, provided that the cards are valid and active, theirs will be a private and personal agreement with PayMaya.
The deployment of the new UP ID is expected to begin in August of this year.