MyMonty announced the launch of its Education Partnership Program, a new initiative designed to help schools, universities, and bookstores simplify tuition collection and education-related payments through the MyMonty Education Platinum Credit Card, the first credit card in Lebanon developed specifically for education-related payments.
The program addresses a growing challenge across Lebanon. Rising education costs and changing economic conditions have made payment collection increasingly complex, creating uncertainty around cash flow and financial planning.
By connecting educational institutions, families, and students through a dedicated payment ecosystem, MyMonty aims to make education payments more consistent, efficient, accessible, and convenient for all stakeholders.
Supporting Schools, Universities, and Bookstores
Through the Education Partnership Program, participating institutions gain access to a dedicated payment instrument designed to support tuition collection and improve payment visibility.
Key benefits include:
Greater convenience in tuition payment collection
Reduced payment delays and administrative follow-up
Expanded digital payment options for parents and students
Dedicated onboarding and support for participating institutions
Joint awareness and promotional initiatives through MyMonty's ecosystem
Digitizing the tuition collection process
Reducing reliance on the cash economy and its associated risks.
Participating institutions receive payments through the standard merchant settlement process, while cardholders repay MyMonty according to the applicable credit and repayment terms.
Schools, universities, and bookstores interested in joining the Education Partnership Program can fill in this form https://educationprogram.mymonty.com.lb/ to learn more about partnership opportunities and onboarding requirements. Once the form is submitted, they will be contacted by our team.
Flexible Solutions for Families and Students
The MyMonty Education Platinum Credit Card was developed to offer families greater flexibility in managing education-related expenses.
For parents, the card provides access to a dedicated education credit facility designed to support tuition and other approved education expenditures. The product also includes a grace period and flexible repayment options, subject to applicable terms and conditions.
Cardholders also benefit from Mastercard Platinum privileges and full digital card management through the MyMonty application.
Mr. Noel Moukheiber, CEO of Monty Finance, said: "Educational institutions need reliable, consistent payment collection processes to continue delivering quality education", "Through the Education Partnership Program, we are creating a payment ecosystem that supports both institutions and families. Schools and universities benefit from a more efficient collection framework, while families gain the flexibility to manage one of their most important investments: education. At the end of the day, this is about making sure no student is left behind because of a payment gap."
The MyMonty Education Platinum Credit Card is issued on the Mastercard network. Families can register their interest and join the queue through https://educationcard.mymonty.com.lb/, subject to credit assessment, approval, and applicable terms and conditions.
Priority will be given to existing MyMonty users. Once the card is live, customers who have registered will be contacted by the MyMonty team.
About MyMonty
MyMonty is part of Monty Finance SAL, a finance company licensed by Banque du Liban and a payment service provider. MyMonty provides an integrated financial ecosystem that includes lending solutions, digital payments, money management services, credit cards, and business solutions for individuals, businesses, and institutions across Lebanon
Partnership Inquiries
Schools, universities, and bookstores interested in joining the Education Partnership Program can sign up on this link https://educationprogram.mymonty.com.lb/
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