Greenlight Card is an Android application for family finances. Parents issue a debit card for the children to easily transfer them the necessary amounts. There are many useful functions here, both for adults and grown people.
The app allows children to save, earn, invest and spend money with parental approval for each transaction. This method allows you to learn the basics of money management and investment.
Greenlight Card provides separate features for participants. Parents can quickly transfer money to the necessary expenses. They always receive real time notifications about childrens purchases. There is an option to set a specific amount for cash withdrawal in ATMs.
Kids and adults have the opportunity to manage their own budgets. For example, saving money on different goals, earning and spending cash, investing finance in stocks. The latter is convenient to do through the utility. It is possible to attach Google Pay and pay easily on the cash register.
The application uses multiple security features to protect user accounts from unauthorized access.
- ability to set spending limits;
- this method allows you to teach children to manage their finances wisely;
- the app is free to download;
- compatibility with actual Android versions.