Pixpay, the new challenger bank for pocket money dependent kids

Pixpay, the new challenger bank for pocket money dependent kids

Paris [France], Nov 30: 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.

About Mohit Kumar 55 Articles
Mohit is numerate and his knowledge and passion for maths bring out his love for teaching. He believes there should be an equal balance between education and games and he balances this out by playing table tennis which is also his stress buster. He always keeps a newspaper handy and can be most likely seen in a food walk!

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