DFCC Bank-MyFees.lk advance digital payments across education sector

DFCC Bank Director and Chief Executive Officer Thimal Perera exchanges the agreement with MyFees.lk Chief Executive Officer Faiq Faiz in the presence of (from left) DFCC Bank Assistant Manager Merchant Acquiring Jude Amarasekera, DFCC Bank Senior Manager Merchant Acquiring Chrishan Jayamanne and MyFees.lk Business Development Manager Kevin Perera

DFCC Bank PLC has entered into a strategic partnership with MyFees.lk, Sri Lanka’s leading education-focused digital payment platform, to strengthen digital payment capabilities across the country’s education sector and improve payment convenience for institutions, students and families.

The partnership reflects the growing digitalisation of education-related financial transactions, as schools, higher education institutions, professional bodies and training providers increasingly seek more efficient, transparent and secure ways to manage fee collection and payments.

By combining DFCC Bank’s digital banking capabilities, including its internet payment gateway and payment acceptance solutions, with MyFees.lk’s specialised education payment platform, the collaboration aims to simplify the payment processes while reducing administrative complexity for educational institutions.

DFCC Bank Director and CEO Thimal Perera said, “At its heart, this partnership is about making life easier for families and strengthening the institutions that support learning. By combining financial services with digital innovation, we are helping create a more connected education ecosystem that reduces complexity, improves accessibility and delivers meaningful value to the communities we serve.”

MyFees.lk CEO Faiq Faiz said, “Today, we serve 180+ educational institutes across Sri Lanka, reaching a student population of over 650,000. Partnering with DFCC Bank strengthens that foundation — extending our reach and deepening the banking infrastructure behind a platform that the institutions across the island have come to rely on.”