Kid Wallet vs CEC Junior App

Kid Wallet allows its customers to securely manage their Kid mobile wallet and debit card account. Kid wallet technology allows customers to create a financial firewall between retailers and your money. It also allows for the real-time and FREE money movement to loved ones anywhere in the world. The technology also allows customers to more easily pay bills and receive higher quality banking services without the fees and need for a physical bank. More control, more security, less cost, all adds up to more time to enjoy the important things in life.

The application is aimed at children aged between 10 and 18 (not yet completed) and is intended to ensure the child's first contact with banking services and the modern, digitally-based economy. The main banking operations that can be performed by the minor user, within the limits established and managed by his/her legal representative in his/her Mobile Banking application: • POS payments with the physical card/added to the electronic wallet; • online payments with the card; • adding the card to the electronic wallet, depending on the applicable policy (Apple Wallet/Google Wallet); • activating push notifications for transactions made with the card; • viewing balance, transaction history, transaction limits; • ATM withdrawals with the physical card/added to the electronic wallet; • "Request money" functionality; • changing the access code in the application; • sharing IBAN account; • view data related to the virtual/physical card: full card number, expiration date, CVV; • card blocking, card reissuance and activation.