Attention, moms and dads! If you have ever dreamed of empowering your children in the world of finance in a safe and controlled way, this article is for you.
Banks have adapted Bizum for minors, so from now on they will be able to perform certain operations in a simple and safe way.
WHAT IS BIZUM FOR MINORS?
Bizum for minors is the adaptation that banks make for services intended for minors. Therefore, it is not an independent service, but a controlled version of Bizum so that minors can enjoy the main functions of this easy, fast and secure system.
Which entities offer Bizum for minors
For now BBVA, Bankinter and Imagin are the entities that offer Bizum for minors, and for this it is only required to have a current account in a bank and a phone number of the minor that is linked to the account.
In case you want to know more, these are the main details of both entities to access Bizum for minors:
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- BBVA offers Bizum for minors through its children’s account for children from 0 to 17 years old. However, this option only grants access to Bizum for minors from 14 years of age. Since this adaptation is linked to your debit card and a specific application designed to manage the finances of adolescents. You can see all the details of this possibility offered by BBVA on its website.
- Bankinter activates the Bizum option for minors through its Bankinter Mini account for teenagers between 14 and 17 years old. Thanks to this platform where teenagers can start managing their first transactions through the application.
- 3. Imaginthe digital services and lifestyle platform powered by CaixaBank, has also incorporated Bizum operations for minors in its imaginTeens app for teenagers. Minors from 14 years of age can activate this service from the imaginTeens app. Once activated, they will be able to receive and send money through Bizum (with the operating limits that have been adapted to the age of this group). For more information on imaginTeens’ services for teenagers between 12 and 17 years of age, consult its website.
Uses and benefits of bizum for minors
Bizum for kids goes beyond convenience, it is an opportunity to teach financial responsibility from an early age through the controlled use of payment options. And in case you are still hesitant to offer Bizum for minors to your children, here are some of the many advantages it offers:
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- Simplified global exchanges: one click, and the money arrives securely and instantly to your mobile, streamlining the process of sending money, eliminating geographical barriers and time constraints.
- 2. Stress-free school trips: no more worries about field trip expenses. With Bizum for kids, you can send money on the spot, ensuring that your children take advantage of every opportunity without financial obstacles.
- 3. Effortless shopping and payments: Say goodbye to your kids having to carry cash or cards. Make payments as simple as sending a text message, offering convenience for your kids and security for you.
- 4. Personalized financial education: With Bizum for kids, you can guide your children through their first financial experiences. Set limits and monitor their transactions to teach valuable lessons in financial responsibility.
We are sure that little by little you will find more benefits associated with the use of Bizum for minors. In any case, if you want your children to be able to enjoy this service, remember to check with your bank all the options and conditions related to Bizum for minors.
