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"Pocket money on GPay": A smarter way to manage children’s digital payment

Google Pay has introduced its new “Pocket Money” feature, enabling parents to safely manage their children’s digital spending. Built on UPI Circle, the feature allows controlled transactions, spending limits, approval-based payments, and real-time tracking without requiring kids to have a bank account

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Representational image. File pic

Representational image. File pic

Google Pay (GPay) has introduced its new “Pocket Money” feature to provide your kids with safer and more monitorable financial transactions. Built on the basis of a digital payments framework, the latest feature of Google Pay enables a primary user, typically a parent, to link their bank account and assign a secondary user, such as a child, who can make UPI payments within predefined limits. 

The "Pocket Money” feature eliminates the need for children to have their own bank accounts while still giving them access to India’s rapidly growing digital payments ecosystem through which they can make and accept payments hassle-free. 

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