MASTERCARD launches e-Learning Centre

MASTERCARD Worldwide recently launched its e-Learning Centre to aid consumers in personal finances management.


(From left) Mohamed Akwal, Bhalla and MasterCard Worldwide
Malaysia and Brunei vice-president and senior country manager
Jim Cheah at the launch.

The online consumer education resource will offer customers easy access to tools that will encourage efficient spending.

The contents were developed and localised in collaboration with Agensi Kaunseling dan Pengurusan Kredit (AKPK) — the Credit Counseling and Management Agency in Malaysia.

The e-Learning Centre for consumer education provides cardholders with suggestions on credit use, tools for understanding and dealing with potential payment issues, and strategies for greater security.

These tools include tip sheets, Q&As, budget tracker worksheets that evaluates consumers expenditure and glossary tip sheets that explain credit in layman’s terms.

The e-Learning Centre is categorised by topics:

"Credit Wise" focuses on using credit effectively to provide consumer benefit.

"Debt Know-how" focuses on understanding and dealing with potential payment issues. It also gives users information on the several payment tools available to manage finances including MasterCard debit, prepaid and credit cards.

"Staying Secure" focuses on staying smart to ensure constant card security.

"Consumer education has always been important to MasterCard, and we strive to empower cardholders with the knowledge and insights to most effectively manage their finances" said MasterCard Worldwide, Southeast and South Asia executive vice-president Ajay Bhalla.

The launch of the MasterCard e-Learning Centre in Singapore and Malaysia is part of our continuous effort to address the needs of consumers in Southeast and South Asia, and marks the start of a broader consumer education programme to be rolled out across Southeast and South Asia within the year.

"There have been a rising number of consumers seeking advice from the AKPK on the best ways to manage their finances, said AKPK chief executive officer Mohamed Akwal Sultan.

"As such, we’re pleased to be working with MasterCard to provide a more consumer friendly approach to financial education."

"It is our fervent hope and vision to empower consumers with the right financial tools and knowledge.

"With this, they can make prudent financial management a way of life," he added.

The MasterCard e-Learning Centre may be accessed at www.mastercard.com/sea