BusyKid is an application for Android with which the parents can control spendings of their kids and teach them financial literacy. There are special cards that are licensed by Visa.
Platform
Parents can download this utility and teach their kids how to spend money wisely. BusyKid provides all basic procedures with funds that may be useful for your children. Here you have an option to find stock investments, deposits and credit cards. Moreover, it is possible to reward your kids with bonuses for certain actions.
Usage
Kids have various options to control, earn, invest or spend money with the help of BusyKid. In order to get access to the app you need to register and provide information about yourself and your kids. There is a special dashboard that displays expenses and total balance. If you would like to complete payments fast, just like in PayBito, there is a QR code which you can scan to transfer money.
Convenience
There are over 50 000 ATMs in America where you can cash the money from your BusyKid account. It is possible to add several kids and there will be dashboards for each of them. The platform has cards that have been licensed by Visa. Moreover, the app allows a child to donate money to charity.
Features
- compatible with current Android versions;
- allows parents to teach their kids how to spend, earn and invest money;
- there is an option to reward children with bonuses;
- licensed by Visa USA Inc.;
- free to download and use.