KiplePay Sdn Bhd, a wholly-owned subsidiary of Green Packet Bhd, signed a memorandum of understanding (MoU) with the Malaysia Xiang Lian Youth Association Charity and Education Fund today to support the association’s corporate social responsibility (CSR) programme on digitalising 500 schools in Malaysia through cashless solutions and AI facial recognition.
The CSR programme aims to create an end-to-end digital experience from digitalising the school attendance, capturing and recording the students’ temperature and adopting a cashless solution for the convenience of students, teachers, merchants, and parents, according to a statement.
Malaysia Xiang Lian Youth Association president Datuk Seri Dr King Lim Chin Fui said the Covid-19 pandemic was a wake-up call for the adoption of technologically advanced protection systems in schools.
“It is a key priority for the association to protect the safety and wellbeing of the schoolchildren. Hence, we are honoured to pioneer this digital school safety and cashless CSR programme with Green Packet as we believe this digital platform will be able to address the school needs which include preparing the schools to face any disease outbreaks or pandemic in future,” he said.
KiplePay chief executive office Kay Tan shared similar sentiments with Lim, adding that digital platforms allow parents to pre-order food for their children and monitor their children’s purchases using applications and allow the students to enjoy a seamless and contactless process of collecting food which omits the long time spent in queuing.
“We are fully supportive of the CSR programme as we believe in making digital technology accessible across all schools in Malaysia by increasing its affordability,” she said, adding that cashless environments could reduce bullying and extortion among students carrying cash.
Tan also said the group is currently working on facial recognition technology to power cashless and contactless purchases.
“We are seeing a wider acceptance of facial recognition technology as a biometric method to securely identify each and every individual. Just imagine that the students are able to collect pre-ordered food at the cafeteria by scanning their faces, which is linked to their parents’ e-wallet,” said Tan.
With more schools reopening soon, KiplePay is also assisting schools across the country in complying with the standard operating procedures set by the Education Ministry through KipleLive solution, another Green Packet property technology brand that helps in temperature screening and registration of students.
KiplePay has pioneered many digital initiatives in the education sector such as the KipleUNI programme launched with Bank Islam Malaysia Bhd last year.
Green Packet shares were down eight sen or 12.12% to 58 sen, giving the telecommunications company a value of RM590.858 million. The counter peaked at a high of RM1.44 this year on May 18, but pared most of its gains. Year-to-date, it has contracted nearly 16%.
Source: The Edge Market