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Visa turns financial literacy into web game for young Malaysians

Visa turns financial literacy into web game for young Malaysians

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Visa Malaysia has unveiled a financial literacy-themed web game titled "Mind Your Ringgit" to educate young Malaysians on how to make informed financial decisions. The one-year simulation-based game has scenarios depicting real-life events are created for players to make financial decisions every month.

The game's purpose is to challenge young Malaysians in their thought process when managing finances, teach them financial concepts, and help them understand the consequences of the decisions they make. The game incorporates financial themes such as digital payments, financial scams, insurance, investments, loans, and savings. Derived from the acronym MYR, which is the international code for the Malaysian Ringgit, the game is a reminder for players that every Ringgit counts.

The demo version of the financial literacy web game was launched last week to a group of Malaysians who were selected for this closed group pilot testing. The participants will play the demo game and provide feedback on the content. Mind Your Ringgit will be made available to the public early next year.

This initiative is part of Malaysia’s Financial Literacy Month 2020, and it is also in support of the financial literacy efforts driven by the Financial Education Network, co-chaired by Bank Negara Malaysia and Securities Commission Malaysia.

Visa country manager for Malaysia, Ng Kong Boon, said Mind Your Ringgit is a creative way that adopts a digital approach towards helping young Malaysians learn how to balance their money, health, and happiness based on real-life scenarios.

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