Nations Trust Bank’s American Express offers extended settlement plans on MyFees.lk

Friday, 3 September 2021 00:00 - - {{hitsCtrl.values.hits}}

Nations Trust Bank American Express recently announced its tie up with MyFees.lk making it convenient for American Express Cardmembers to settle any educational fee online at a range of leading educational institutions in Sri Lanka with the added advantage of an extended settlement plan.

All payments made on the platform can be converted to up to 12-month instalment plans providing Cardmembers the flexibility of paying back in 12 months. Furthermore, every Nations Trust Bank American Express Platinum and Gold Cardmembers will earn three times membership rewards for each transaction. The above-mentioned offers will be valid till 30 November. With this partnership, Nations Trust Bank’s American Express Card further increases contactless payment options, providing safety and convenience for Cardmembers.

Commenting on the initiative Nations Trust Bank Senior Vice President – Cards and Consumer Assets Niluka Gunatilake said: “Cardmembers’ convenience is a primary focus for Nations Trust Bank and our partnership with a unique service such as MyFees.lk provides them with both, safety and convenience. Parents are able to settle their children’s school, college and higher educational fees from the safety of their home. “It also builds on our offer of providing cardmembers the flexibility of payment with instalment plans up to 12 months, reemphasising our commitment to providing financial flexibility and convenience. Nations Trust Bank American Express stands out as a reliable partner for cardmembers to plan their finances and manage expenses, assuring Cardmembers support and rewards in multiple fronts.”

MyFees.lk from Convenienza Solutions was developed to provide convenience for working people to pay educational fees without visiting a bank or the institute, while the institute itself benefits from the elimination of the hassle of manual reconciliation of payments.

MyFees.lk CEO Faiq Faaiz highlighted: “As a service born in response to a genuine customer requirement, MyFees.lk is delighted to partner with the globally renowned American Express payment option with Nations Trust Bank.

“Having now established ourselves as a leading platform for education fee payments in the country, this partnership will add value to the experience of American Express Cardmembers, combining convenience with an easy-to-use interface and a secure payment mechanism. MyFees.lk also enables educational institutes to receive their funds in a timely manner and seamlessly reconcile such payments.”