MasterCard is committed to financial education. That’s why we’ve created a range of tailored financial education programs in nearly 50 markets around the world–from smart money management for young adults; to security for cardholders and their banks; to budget management for the unbanked and underbanked. Each of these programs is designed to be a catalyst for financial inclusion, and are delivered in an interactive, personal and engaging way—whether it’s through an online portal, new mobile technology or hands-on in the community.
In the US, MasterCard offers a robust financial education program in addition to its support of Jump$tart Coalition.
Some examples include:
Are You Credit Wise?
With the support of national student leaders, MasterCard Worldwide developed Are You Credit Wise?, a campus-based education program that provides money management information to college students. The program is designed to train students to help their peers understand key financial concepts – including budgeting, bill payment, responsible use of payment cards and building a credit history. It has reached students at nearly 80 colleges and universities in the United States and Canada, and in 2010 was launched in the Netherlands.
Are You Credit Wise? recruits and trains student interns to lead campus-wide education campaigns focused on the fundamentals of good credit habits. Activities in which MasterCard interns have launched on college campuses across the country include:
To help un-banked and under-banked Americans learn how to save money and manage finances, the Everyday Prepaid Campaign shares saving tips and budgeting tools. Program activities and outreach include:
As a leading global payments company, MasterCard Worldwide prides itself on being at the heart of commerce, helping to make life easier and more efficient for everyone, everywhere. MasterCard advances global commerce through its family of brands, including MasterCard®, Maestro®, and Cirrus®; its suite of core products such as credit, debit, and prepaid; and its innovative platforms and functionalities, such as MasterCard PayPass™ and MasterCard inControl®. MasterCard serves consumers, governments, and businesses in more than 210 countries and territories.
Vice President, Global Public Policy
2000 Purchase Street
Purchase, NY 10577
Phone: (914) 249-6637
Fax: (914) 249-3648
Jump$tart Coalition for Personal Financial Literacy