Testimonials

Ajay Banga
President and CEO, MasterCard Worldwide

"Financial education is critical for making consumers learn how to use their money better. And finally, an educated consumer is the best consumer we can have."

"Schools, in most countries, do not teach young people or children enough about how to manage their savings and how to manage their money. So, a lot of people are coming to the adult life, to the working life without a real understanding of how to save, how to spend and how to be wise about their money."

"Companies like MasterCard can contribute enormously to helping people get access to this education. Children and adults as well. […] MasterCard in Latin America is setting the trend, it is setting the whole process for the others to follow."

Walt Macnee
President, International Markets, MasterCard Worldwide

"It's important for all of us to understand the aspects of the financial world […] These educational programs are wonderful because they help simplify very important information and it helps offer people the source of tools and insides that we take for granted in the industry."

Marcio Schettini
Executive Vice President, Itaú Unibanco

"We have a clear notion that a lot of consumers are beginning to gain access and knowledge of what credit is today. Therefore, educating them is key so we don’t turn that opportunity into a future problem."

"The consumer is never alone in the decision-making process as banks are very involved. We have to be proactive and take the initiative of listing and evaluating the real risks for the consumer."

Jorge Alfaro
Director General, Consumer Banking; Chairman of the Board of Directors Total System for Santander Mexico

"One of the causes of the crisis was not knowing how to use credit cards so people got into debt. If there had been financial education, I think we would have avoided a lot of that."

"The financial industry is one that has the knowledge, it has experienced the problems from the inside and it knows what causes them; therefore, it can give the best recommendations."