Technology Other News 30 Nov 2019 Pixpay, the new chal ...

Pixpay, the new challenger bank for pocket money dependent kids

ANI
Published Nov 30, 2019, 7:44 am IST
Updated Nov 30, 2019, 7:44 am IST
It allows users to generate virtual cards for online payments, create projects and set money aside, and more.
Transactions outside of the Eurozone cost 2 per cent foreign exchange and ATM withdrawals cost 2 euros.
 Transactions outside of the Eurozone cost 2 per cent foreign exchange and ATM withdrawals cost 2 euros.

A French startup, Pixpay, wants to make pocket money go cashless for your kids.

The service, based on challenger banks, allows anyone older than 10 years old, including parents, to create an account, get a debit card, and manage kids' pocket money, TechCrunch reports.

 

It allows users to generate virtual cards for online payments, create projects and set money aside, and more. Parents can also define an interest rate on a vault account. Pixpay costs 2.99 euros per month per card.

Transactions outside of the Eurozone cost 2 per cent foreign exchange and ATM withdrawals cost 2 euros.

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