Global Banking & FInance: Cashless pocket money: how can biometrics better protect prepay cards for children?

For many of us, our first experience of money came from the pocket money we received as children or through gifts from family members during the holidays. This money would then be eagerly stashed in a piggy bank to save up for the latest toy or treat. While the average UK weekly pocket money of £7.55 may be significantly more than many of us got when we were growing up, the main motivation behind the payments – parents wanting their children to understand the value of money – remains.

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