The Reserve Bank of Fiji and global payments technology company, VISA, have come together to help improve financial literacy in the South Pacific.

This is with the launch of the National Financial Inclusion Taskforce (NFIT) website, designed especially for Fijians.

The website aims to provide information and guidance to help people better understand the different types of financial services and products.

Also how and when they should be used, and tips on improving personal money management skills.

Reserve Bank of Fiji Governor, Barry Whiteside, said people should have financial knowledge to be more conscious of their financial circumstances and their ability to improve.

“We realise bringing about positive behavioural changes towards personal financial management, is a lifelong, ongoing process,” he said.

“This can be an overwhelming experience, with the different types of financial products and services that are out there.

“This website is designed to assist people of all ages to get the information they need, and hopefully they will act on it.”

VISA Representative, Nick Palfrey, said the true value of money comes from the ability to save and budget.

“VISA’s role is to improve financial literacy through partnership all over the world. VISA’s approach to financial literacy is a proactive cooperation approach,” he said.

“Being able to manage your own personal finances and savings has a tremendous effect on quality of life.

“Enabling the people of Fiji and the wider South Pacific to make informed financial decisions with easily understood information is rewarding.

“VISA is delighted to be part of the Reserve Bank’s push to help educate on money matters and to support the growth of financial education in Fiji through this exciting partnership.”

Feedback: stella.moresio@fijisun.com.fj