More than 2 million teenagers use this virtual wallet. With this tool, adults can supervise accounts, configure alerts for expenses or amounts and pause the activity if necessary.
Payment market It is one of the virtual wallets more popular in our country. Through the QR code or transfers, you can pay with your linked bank cards, the prepaid of the same application or the money available on the platform. Thus, you can make transfers between acquaintances, enter money, buy products and services or even load the SUBE.
From 2021the application allows young people between 13 and 17 years They believe their digital accounts with the consent of an adult. Today, more than 2 million teenagers use this platform to handle their finances.
A report by the proportion to the consultant affirms that the 67% of young peoplewithin this age span, you have access to a Digital account to start taking your first steps in money administration. Among its main attributes, adolescents include Practicality, security and that is a very useful tool to learn to control expenses.
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In this context, adolescents are exposed to different related dangers, for example, with illegal scams or bets. This is why Mercado Pago offers a tool that allows parents or guardians supervisein real time, the consumption of their children. In addition, from “Parental control”adults can configure alerts for expenses or amounts and pause the account.
“Parental control”, the payment tools payment to monitor the accounts of the minors
In an increasingly connected and technological world, the use of digital accounts between teenagers They reflect a good one chanceand effective tool, so that the youngest acquire economic independence and develop habits of responsible savings and consumption.
But, with the aim of avoiding inconveniences and strengthening control over money management, Mercado Pago implemented a new function. “Parental control” It allows parents and guardians to monitor and manage financial movements of minors that use the application.
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The digital financial services platform confirmed that these tools are already enabled for all adolescent accounts, and each adult can add up to five minors. These are the main characteristics:
- Real -time supervision: You can visualize the balance available in the child account and access a detailed breakdown of the expenses. This view includes categories, shops, amounts and dates, facilitating the monitoring of each transaction.
- Personalized alerts: You will receive a notification every time your child performs an expense. You can even configure limits and obtain messages only when the amounts exceed a specific value, or the payments will be configured in a certain category.
- Pause account: It allows those responsible to temporarily block the use of the account at specific schedules or moments. This option avoids any financial moment until you decide to reactivate it.
- Monthly summary: The application automatically sends to the tutor’s email, a report on the transactions of the child.
- Instant recharge: In just simple steps, and with the method of paying your preference, you can make an immediate transfer.
Source: Ambito
