Current launches a Visa debit card for kids that parents control with an app
https://techcrunch.com/2017/05/09/cu...l-with-an-app/
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https://techcrunch.com/2017/05/09/cu...l-with-an-app/
Want to use a credit card for adult verification?
Want to piss in the wind?
A startup called Current is today launching a new way for parents to dole out allowances to their kids: with an app. The company offers a Visa debit card that would allow teenagers to shop in stores or online using funds from their own bank account, which is funded through allowance money that mom or dad transfers from their own bank account. Parents can use the accompanying mobile app to set chores, track spending, encourage saving and more, allowing kids to learn about money management through practice. ...
... At present, Current isn?t available outside the U.S., but Sopp says plans for expansion are in the works.
?We have been talking to banks in Canada, Australia, New Zealand, Germany and the U.K. already, and seems there is a demand,? he says.
... At present, Current isn?t available outside the U.S., but Sopp says plans for expansion are in the works.
?We have been talking to banks in Canada, Australia, New Zealand, Germany and the U.K. already, and seems there is a demand,? he says.
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