Mastercard Academy has launched a free online course, “Master Your Card: Finance Demystified”, designed to enhance financial literacy. Developed with the expertise of the Master Your Card team, the program aims to simplify complex financial concepts, equipping individuals with the knowledge to better manage personal finances and improve overall financial health. This initiative reinforces Mastercard’s commitment to empowering people with tools for economic inclusion and financial independence, accessible globally through its digital platform.
Mastercard Academy provides a dynamic learning platform featuring on-demand and instructor-led training led by over 200 experts from Mastercard’s global network. It equips customers, partners, and now the broader public with essential knowledge and skills to thrive in the evolving payments industry.
The Mastercard Academy Financial course offers practical knowledge to help individuals navigate personal finance effectively. Participants will explore the essentials of electronic payments, gaining insights into the use of prepaid, debit, and credit cards while learning the benefits of mobile wallets for convenience and security.
Budgeting principles are simplified, enabling learners to craft a personal budget, an essential first step toward achieving financial freedom. The course also demystifies credit scores and reports, teaching users how to check their scores, improve them, and understand financial accounts better.
Additionally, participants will enhance their knowledge of financial safety, equipping them with strategies to protect their money and online transactions against fraud. With these comprehensive lessons, learners are empowered to make informed decisions and manage their finances confidently.
The course is designed to address the global financial literacy gap where only 33% of adults are proficient in financial concepts, this equates to approximately 3.5 billion adults worldwide, predominantly in developing nations, who lack a fundamental understanding of essential financial principles. The course emphasizes budgeting, credit scores, and financial security through interactive lessons and real-world examples.
“At Mastercard, we are dedicated to democratizing financial literacy and ensuring that everyone has access to the tools they need to achieve their financial goals. Our new free online course removes the confusing jargon and cracks the code on everyday finances.” said Driss Belemlih, Executive Vice President of Customer Delivery, EEMEA at Mastercard.
“This way, it equips individuals, particularly those in underserved communities and young adults, with the knowledge and tools needed to manage their personal finance with confidence, achieve their financial goals and avoid common financial pitfalls.”
Mastercard’s initiative addresses a pressing global issue: the lack of accessible, effective Financial Education. According to research cited by Mastercard, many individuals worldwide struggle with basic money management concepts, leaving them vulnerable to financial instability.
By offering this course online and at no cost, Mastercard eliminates barriers to entry, empowering participants with the confidence to take charge of their financial futures.
The ‘Master Your Card: Finance Demystified’ course can be accessed through Mastercard Academy’s official platform. Learn Here
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